Indian River Consulting Group’s (IRCG) weekly Pandemic Revenue Index for the work week of March 1-5 increased 9.1%. This is the final PRI that IRCG will release.

The sample size for the week’s Index was 13 firms. Seven companies reported increases and six reported declines.

IRCG started the Pandemic Revenue Index (PRI) in March 2020 and published it for 50 straight weeks. The company said “the goal was to provide a contemporaneous view on prevailing business conditions as the coronavirus began disrupting business. The index was made up of wholesale distribution companies in different industry verticals across the United States. Participants include companies with local and national footprints.”

“Publishing the index has been a testimony to the wholesale distribution industry’s incredible resiliency,” said Mike Emerson, IRCG partner. “The index bottomed out the week of April 6 with an average sales decline of just over 30%. During the spring of 2020, the index saw nine straight weeks of double-digit declines. Since that nine-week period, the index has seen a grand total of two weeks where average declines were double-digits, the most recent being the week of September 7 (which was influenced by Labor Day).”