Cortera, in partnership with Moodyβs Analytics, recently launched the COVID-19 Economic Impact Tracker (CEIT). The tool provides a breakdown of purchasing data from thousands of companies in various sectors of the U.S economy. Every week, our editors will sit down with Jim Swift, the founder and CEO of Cortera to discuss the trackerβs latest data and what it means to purchasing trends throughout the industrial marketplace.
In this episode of the Industrial Buyer's Breakdown, Swift, along with editorial director Jeff Reinke, discuss the CEITβs latest findings, including:
- The huge dips in April spending totals.
- How the food, beverage and apparel sectors are keeping industrial purchasing levels from bottoming out.
- The sectors and suppliers that could benefit most from some plant re-starts later this month.