With the third installment of the COVID-19 Impact and Implementation survey it is very apparent that the industry’s thoughts and actions are stabilizing. There is less change in responses between the second and third survey as there was between the first and second survey. Click here to see the Executive Summary for all respondents.
Of the information presented, two items are of interest. When respondents were asked about the long-term viability of their company, 80% indicated they had mild to no concerns. When asked the same question, but if there was no government intervention in place, that number dropped to 50%.
Additionally, it is interesting to note delays in receiving materials and products from suppliers plateaued. However, two third of the respondents have experienced supply issues.
The online survey was fielded between Monday, April 27 and Thursday, April 30. A total of 914 responses were received from members of 30 different associations. The survey and subsequent report were executed, compiled, tabulated and analyzed by Industry Insights, Inc. Industry Insights, headquartered in Columbus, Ohio, a professional research and consulting firm providing management and marketing services to trade and professional associations and their members.