Double-digit gain for Weekly Pandemic Revenue Index
After three weeks of single-digit growth, the weekly Pandemic Revenue Index jumped back into double-digit territory.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Feb. 1- 5 indicated a 14.1 percent increase compared with the same week a year ago.
Out of the 13 reporting firms, 11 respondents reported increases ranging from mid-single digits to above 50 percent. Two companies reported declines.
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.
“It’s been nearly five months since we’ve seen anything material on the negative side. As we near the one-year anniversary of the index, we’ll be publishing some of the trends we’ve seen for the past 12 months as we wind the index down,” said Mike Emerson, IRCG partner.