Answer the following questions in order:
Categorize your industry according to the definitions of a durable or non-durable good or a service, and whether it is a staple, or discretionary good or service.
Characterize the overall performance of the changes in output (sales) in your industry to "All Industries" over this 12-year period. Be sure to include answers to the following:
Overall during this period, is your industry more or less volatile than in "All Industries" as judged visually from your graph of the percentage changes?
Did sales in your industry recover faster or more slowly than 'All Industries" beginning in 2010 following the great financial crisis? Judge this by evaluating whether the line for your industry is generally above or below the line for "All Industries" during the period Q1/2010 to Q1/2012.
Did sales in your industry drop more or less than "All Industries" in 2020? Judge this visually from your graph.
Support your answers with numbers taken from your graph during these 2 periods.