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covid-19-causes-major-slowdown-18-revenue-dip-in-april
covid-19-causes-major-slowdown-18-revenue-dip-in-april

Covid-19 causes major slowdown, 18% revenue dip in April

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Hardgoods and industrial gas revenues were both down significantly in the second quarter (Q2), according to the Baird/gasworld Q2 2020 Welding and Industrial Gas Survey.

Hardgoods and industrial gas revenues were both down significantly in the second quarter (Q2), according to the Baird/gasworld Q2 2020 Welding and Industrial Gas Survey.

The impact of coronavirus (Covid-19), with cases rising again in most US states through June and July, was reflected in the survey – published in July – which found that roughly 75% of respondents saw a slowdown in business activity over three months (April, May, June), with more than half experiencing significant deceleration. Less than 10% of respondents reported an improvement in activity.

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