Impacts of the macroeconomic business cycle on-demand

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What are the impacts of the macroeconomic business cycle on-demand in the fitness and gym industry? Is the demand in the fitness and gym industry procyclical or countercyclical? Explain. If demand in your industry is insensitive to the business cycle, explain why this is so?

What are any major impacts of the macroeconomic business cycle on supply in the fitness and gym industry? i.e. how might different phases of the business cycle impact your industry's ability to acquire inputs such as labor, capital, or materials? Explain. Note: Do not discuss responses to demand-side changes but look for impacts that are independent of demand changes.

Reference no: EM132786435

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