Weekly Pandemic Revenue Index up by 6.4 percent
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 25-29 indicated a 6.4 percent increase compared with the same week a year ago.
Out of the 13 reporting firms, nine respondents reported increases ranging from 1 percent to 35 percent. Four companies reported declines ranging from 3 percent to 24 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.
“This week’s PRI marks 12 consecutive weeks of sales increases. As one contributor to the index pointed out, commodity prices have been on a strong upswing over the last few months, which has provided some inflationary lift. This is likely influencing the PRI,” said Mike Emerson, IRCG partner.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
