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8182 Figure 1

Great Recession


–5%
–34%

Covid-19


–10% to –15%
–20% to –30%

Continued growth period


+64%
+83%

R&D

Capex

forecast

Notes: Bain analyzed 935 companies; constant exchange rates assumed; data indexed to 100
Sources: Bain analysis, based on data from S&P Capital IQ and analyst reports

8182 Figure 1

Bain com Editorial
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