In figure 1, the purple, orange, blue and grey lines represent 2007, 2008, 2009 and 2010 revenue respectively.
- For this anlysis 2007 represents the base line year.
- For 2008 the first quarter showed weak growth, the second quarter had good growth, the third quarter weakened again and then the fourth quarter turned sharply negative and brought the overall year to negative growth.
- 2009 began with the first quarter down approximately 30% from 2008 and the second quarter down approximately 21%. The third quarter recovered to a 10% drop versus 2008 before the fourth quarter turned sharply positive with 32% growth and the year ended 9% down overall versus 2008.
- 2010 - Januray has begun 2010 up 55.1% versus January of 2009. We are expecting 2010 to show greater than 20% overall growth versus 2009.
Related articles