## # A tibble: 548 × 5
## # Groups: symbol [4]
## symbol date price change text
## <chr> <date> <dbl> <dbl> <glue>
## 1 GDPC1 1947-01-01 2034. NA 1947.1,
## Growth: NA
## 2 GDPC1 1947-04-01 2029. -0.00267 1947.2,
## Growth: -0.3%
## 3 GDPC1 1947-07-01 2025. -0.00207 1947.3,
## Growth: -0.2%
## 4 GDPC1 1947-10-01 2057. 0.0156 1947.4,
## Growth: 1.6%
## 5 GDPC1 1948-01-01 2087. 0.0150 1948.1,
## Growth: 1.5%
## 6 GDPC1 1948-04-01 2122. 0.0165 1948.2,
## Growth: 1.7%
## 7 GDPC1 1948-07-01 2134. 0.00573 1948.3,
## Growth: 0.6%
## 8 GDPC1 1948-10-01 2136. 0.00112 1948.4,
## Growth: 0.1%
## 9 GDPC1 1949-01-01 2107. -0.0138 1949.1,
## Growth: -1.4%
## 10 GDPC1 1949-04-01 2100. -0.00341 1949.2,
## Growth: -0.3%
## # … with 538 more rows
Analyze your clients companies data. Consider the following:
Timing
Comptus growth from 2002 up until the Great Recession of 2007 were trending above the average GDP during this period of time. From 2007-2009 there was a period of sharp decline in growth. 2010 saw a massive uptick in gowth which carried through 2014 when it again declined around 2016. The Covid-19 pandemic again spun growth percentages into a negative direction, but there has been a slow trend into a more positive direction over the last two years. Inflation and other economic factors have affected Comoptus growth in 2022.
Depth
The industry that Comptus resides upon is a growing industry and relies on outside companies purchasing their product. This industry largely depends upon other companies economic standing. Covid-19 showed that growth was stagnant and non-existent as companies were tight on assets and finances to purchase products that Comptus had to offer.This is also true in 2022 as Inflation has had a tight grip on the economy as of late.
Duration
Large swings such as recessions typically last for around a year which can be shown in the growth of Comptus’ business. Covid had a grip on the economy for around a year when companies began growing back in 2021 after a year of negative to zero growth. This trend unfortunately hasn’t lasted as negative growth re-occured in 2022 through the first two quarters. This trend could be tied to recent inflation numbers along with continued rate hikes by the fed. In an industry where selling product to other companies is the goal, Comptus has struggled as prices have soared.