## # 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 growth 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 Comptus growth in 2022. It is important to note that there was decline in sales before both of the two major previous recessions. This is important to keep in mind as we are in an uncertain economic environment where a recession is looming. Comptus is currently seeing inverted data with negative growth through two quarters in 2022 which might be an indicator for what is to come economically speaking.

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. Declines in sales during recessions tends to be slightly larger than the overall economy. Data shows that during previous recessions, Comptus sales are usually around 2% or more below that of the overall economy, but is extremely similar to the overall economy in leading or lagging in trends and might be to close to call to state it’s leading in decline before the economy is. Keep an eye on Comptus’ industry trends as they might help individuals when searching for recession indicators such as decline in sales.

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.

Comptus