Chart 1. The title is "Business Investment Remains Weak." A line graph showing the index of real nonresidential equipment and software investment in quarters before and after the peak of the business cycle for the recession that began in second quarter 2001 and for the average of the past five recessions, 1960-1991 (the 1980s double-dip recession is treated as one). The cycle peak is 100. For the current recession, the index was 86 eight quarters before the peak; it rose to 100 three quarters before the peak and to 102 two quarters before the peak It dropped to 95 one quarter after the peak, 93 two quarters after the peak, and 92 three and four quarters after the peak. For the average of the past five recessions, the index was 84 eight quarters before the peak; it rose to 95 three quarters before the peak and to 98 two quarters before the peak It dropped to 97 one quarter after the peak, 96 two quarters after the peak, and stayed at about that level until five quarters after the peak. By the eighth quarter after the peak, it had risen to 101.