Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of Jan. 18 to Jan. 22 increased 3.9%, continuing a normal growth trend.
“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.
Out of the 12 reporting firms, seven respondents reported increases ranging from the mid-single digits to above 50%. Five companies reported declines ranging from 1% to 36%.
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.
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