Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Aug. 3 to Aug. 7 indicated a 0.8% decrease compared with the same week a year ago.
IRCG’s distributor Pandemic Revenue Index gives distributors a weekly quantified view into how other distributors in the industry are faring as the global COVID-19 pandemic progresses.
As was the case last week, half of the index participants saw a sales gain versus the same week in 2019. However, there was a much larger variance within the cohort with the best results being 38% growth and the worst performing at an offsetting 38% sales decline.
“It’s interesting that the last two weeks very closely mirror what we saw at the end of May and beginning of June,” said Mike Emerson, IRCG Partner. “The last week of the month showed very rare instances of growth with the following week showing a small decline. If the pattern holds, the next few weeks will show greater declines.”