Pandemic Revenue Index remains in negative territory
Except for a brief positive turn around the July 4 holiday weekend, the Weekly distributor Pandemic Revenue Index has remained in negative territory.
Indian River Consulting Group’s weekly Pandemic Revenue Index for the work week of July 20-24 decreased 7.6 percent 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.
“The index has presented an unnerving sense of stability during the month of July, and this is probably what we can expect until COVID-19 is behind us. However, we’re closer to going back into lockdown than we were last week, and federal stimulus is still a big question mark. Hopefully, we’re not about to drop off our current plateau,” said Mike Emerson, IRCG Partner.
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.
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.
