COVID Economic Impact: Eyeing the Bounce Back

Industrial purchasing continues to lag, but a look at state-by-state re-opening schedules offers insight as to which sectors could improve sooner.

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:

  • How food and beverage production continues to soften the blow for many industrial economies.
  • The impacts of varying state-by-state purchasing levels on logistics and shipping costs.
  • How differing approaches to re-opening manufacturing facilities will impact sectors like aerospace, food production and electronic components.
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