IRCG Weekly Pandemic Revenue Index Shows 11.7% Increase

Log In

IRCG Weekly Pandemic Revenue Index Shows 11.7% Increase

First PRI increase in more than a month likely tied to calendar anomaly, but any weekly improvement is a good sign for distribution industry.
IRCG PRI June 29-July 3
Author
Date

Distributors finally caught a break, according to the latest Indian River Consulting Group (IRCG) weekly Pandemic Revenue Index. The PRI for the work week of June 29 to July 3 indicated a 11.7% revenue increase compared with the same week a year ago, but the spike could be the result of a calendar anomaly rather than marked improvement for the industry.

IRCG PRI June 29-July 3
Source: IRCG

“This is a significant departure from what we’ve seen in previous weeks,” said Mike Emerson, IRCG Partner. “The reason for the large increase is very likely due to Independence Day falling on Saturday this year versus a Thursday last year, with three selling days in the week last year and four this year.”

This was only the second increase for the PRI and first one since a 0.3% bump in late May.

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.

Related Posts

Share this article

About the Author
Recommended Reading
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.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

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

Subscribe to continue reading

MDM Premium Subscribers 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.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.