HARDI released its monthly TRENDS report, showing the average sales performance by distributors was a decrease of 10.2% percent during May 2020. The average annual sales growth for the 12 months through May 2020 is 0.4 percent.
“May was a very strange month with cooler than normal temps in much of the eastern part of the country while much of the western half was warmer than normal,” said HARDI Market Research & Benchmarking Analyst Brian Loftus. “Besides the weather and various levels of COVID-19 related challenges, this year May had two fewer billing days than May 2019. When you adjust for the billing days, the sales change for the month across our seven reporting regions ranged from down 20% to up 20%.”