Pandemic Revenue Index gains 3.9 percent
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 18-22 indicated a 3.9 percent increase compared with the same week a year ago.
Out of the 12 reporting firms, seven respondents reported increases ranging from the mid-single digits to above 50 percent. Five companies reported declines ranging from 1 percent to 36 percent.
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.
“After a spike to start the year, some of it calendar driven, the index has reverted to mid-single digits for the second consecutive week,” said Mike Emerson, IRCG partner.