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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