Pandemic Revenue Index shows 11.7 percent increase
The weekly Pandemic Revenue Index moved into positive territory for the first time since May.
Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of June 29 to July 3, 2020, indicated a 11.7 percent increase 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.
“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 vs. a Thursday last year, with three selling days in the week last year and four this year.”
Find free resources for distributors on responding to the pandemic, including a cash flow modeling spreadsheet and instructional webinar, and a cost-reduction planning webinar, at IRCG’s website: ircg.com/stress-testing.