Indian River Consulting Group’s weekly Pandemic Revenue Index for the work week of July 20-24 indicated a 7.6% decrease 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,” says 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.
The PRI is being placed in the public domain to maximize impact. The distributors in Indian River Consulting Group’s sample group have agreed to share data until the crisis passes. If you have questions or would like to participate in the PRI, please reach out to Emerson at memerson@ircg.com. The PRI data chart will be updated weekly. It is approved for external publishing with proper attribution. Find the PRI chart and more resources at ircg.com/stress-testing.
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