Distributor Pandemic Index Holds in Low Growth
The two newest indexes indicate that the three straight weeks of high readings between late December and early January were largely holiday-driven.
Jan 28th, 2021
Mike Hockett/Industrial Distribution
When Indian River Consulting Group s Distributor Pandemic Revenue Index (PRI) checked in with a reading of 18.4 for the week of Jan. 4-8 its third straight reading of at least 18.0 percent it appeared as if the PRI may have found a new and vastly improved normal compared the previous couple of months. And even if those high readings were partly driven by the timing of the holidays, it seemed there was a good chance the PRI would remain elevated.
Distributor Pandemic Revenue Index Reverts to Modest Growth
Indian River Consulting Group noted that the previous three weeks of high readings may have been somewhat holiday-driven.
Jan 21st, 2021
Mike Hockett/Industrial Distribution
Indian River Consulting Group s Distributor Pandemic Revenue Index (PRI) aimed to provide a weekly snapshot of how industrial distributors sales have fared during the pandemic compared to a year earlier saw a considerable slowdown in the pace of growth last week following three-straight major growth weeks.
Covering the selling week of Jan. 11-15, the latest PRI showed a reading of +4.6 percent, meaning that for the 14 distributors surveyed, their average sales were up 4.6 percent year-over-year. It followed readings of 18.4, 21.3 and 18.2 the previous three weeks, which IRCG noted may have been somewhat calendar-driven due to impacts of the holidays.