Each week, we’ll be tracking a snapshot of year-over-year distributor revenue with our Pandemic Revenue Index (PRI). We would like to increase the sample size and are asking you to consider helping the industry through these uncertain and unprecedented times. If you are interested, reach out to Mike Emerson, at memerson@ircg.com. The sample size for the week of January 25-January 29 is 13 firms.
The mid-single digit growth trend continues with this week’s index as it rose 6.4% when compared to sales from the same week in 2020. That marks 12 consecutive weeks of sales increases.
Nine respondents reported increases ranging from 1% to 35% while four companies reported declines, ranging from 3% to 24%. 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.
Thanks for following along with us as we analyze the impact of this pandemic. As we collect more experiences, we will continue to share patterns as they emerge.
