Each week, we’ll be tracking a snapshot of year-over-year distributor revenue with our Pandemic Revenue Index (PRI). The index was created in March 2020 to try and provide a contemporaneous view on prevailing business conditions as the coronavirus began disrupting business. The index is made up of wholesale distribution companies in different industry verticals across the United States. Participants include companies with local and national footprints. The sample size for the week of February 8-February 12 is 13 firms.
After a double-digit growth week to start February, the index has returned to mid-single digits, which was the pattern through the better part of January.
Seven respondents reported increases ranging from mid-single digits to 33% while six companies saw declines ranging from 1% to 12%.
As we near the one-year anniversary of the index, we’ll be publishing some of the trends we’ve seen for the past 12 months as we wind the index down.