The 2020 Mid-Year Economic Update_long

IRCG Weekly Pandemic Revenue Index Shows Slight Decrease

Responses vary widely among participants in this week’s PRI, which Indian River Consulting Group has been running since the start of the COVID-19 pandemic.
IRCG-Pandemic-Revenue-Index-August-03-07-2020

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.”

Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.