Wk5 bus475

Knowing the cycles of business and when economic times might occur are part of the strategic planning process. Below is a chart I developed depicting the downturns in the US economy since the end of World War II. Note the government officially ended our current recession in June, 2009.

How might this chart help you in developing your strategic plan?

Beginning Month	Ending Month	No. of Months
February, 1945	October, 1945	8
November, 1948	October, 1949	11
July, 1953	May, 1954	10
August, 1957	April, 1958	8
April, 1960	February, 1961	10
December, 1969	November, 1970	11
November, 1973	March, 1975	16
January, 1980	July, 1980	6
July, 1981	November, 1982	16
July, 1990	March, 1991	8
March, 2001	November, 2001	8
December, 2007	June, 2009	18

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