Knowing the cycles of business and when economic times might occur are part of t

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 MonthEnding MonthNo. of MonthsFebruary 1945October 19458November 1948October 194911July 1953May 195410August 1957April 19588April 1960February 196110December 1969November 197011November 1973March 197516January 1980July 19806July 1981November 198216July 1990March 19918March 2001November 20018December 2007June 200918