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Despite COVID Spike, Industrial Purchasing on the Rise

Shifting inventory levels and intelligent supply chain management are helping to drive key purchasing numbers upward.

Cortera, in partnership with Moody’s Analytics, uses their COVID-19 Economic Impact Tracker (CEIT) to provide a breakdown of purchasing data from thousands of companies in various sectors of the U.S economy. Every week, we sit down with Jim Swift, the founder and CEO of Cortera to discuss the tracker’s 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 CEIT’s latest findings, including:

  • The emergence of some positive purchasing indicators in the chemical production and distribution sectors.
  • How these trends are impacting other portions of these supply chains.
  • The geographic areas seeing some positive signs for manufacturing.
  • How retail numbers indicate that, despite recent spikes, industrial purchasing could start to see a significant recovery.
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