COVID-19 Impact: Key Sectors Look to Rise from the Rubble

An update on purchasing trends and employment rates for small and mid-sized manufacturers, and the roles increased air travel and 3D printing could play going forward.

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:

  • Those sectors seeing the biggest drops in employment, and the corresponding impact on purchasing levels.
  • Which sectors could bounce back more quickly as stay-at-home restrictions begin the loosen.
  • The potential impacts that more air travel and the increased use of 3D printing could have on manufacturing purchasing levels.
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