Business cycle definition - What does Business cycle mean? A wavelike pattern of economic activity with alternating periods of economic boom and bust: expansion, recession (or depression), and recovery. The National Bureau of Economic Research determines
Define business cycle. business cycle synonyms, business cycle pronunciation, business cycle translation, English dictionary definition of business cycle. n. A cycle of economic activity typically characterized by recession, recovery, growth, and decline
Economists generally focus on four distinct phases of the economic and business cycle: expansion, peak, contraction and trough. Steve Swinney, Forbes, 3 Jan. 2025 That survey, which is much more accurate at forecasting business cycle turning points, showed up as -355K for November after a -...
Learn the business cycle definition and understand how it works. Study the parts of the business cycle in economics: expansion, peak, recession,...
Business cycle, also known as the economic cycle or trade cycle, isassociated with GDP, which we discussed in a previous article. Fundamentally, the business cycle isthe representation of the fluctuation in a nation’s GDP. The diagram below displays the stages and their sequences within the ...
The meaning of BUSINESS is a usually commercial or mercantile activity engaged in as a means of livelihood : trade, line. How to use business in a sentence. Synonym Discussion of Business.
A business cycle is completed when it goes through a single boom and a single contraction in sequence. The time period to complete this sequence is called the length of the business cycle. A boom is characterized by a period of rapid economic growth, whereas a period of relatively stagnated ...
a为什么你家里放那么都的茶叶呢 Why in your family puts that all tea[translate] a主要阵地 Primary position[translate] a经济周期(Business cycle),也称商业周期、景气循环,它是指经济运行中周期性出现的经济扩张与经济紧缩交替更迭、循环往复的一种现象。 正在翻译,请等待...[translate]...
An economic cycle, or business cycle, has four stages: expansion, peak, contraction, and trough. The average economic cycle in the U.S. has lasted roughly five and a half years since 1950, although these cycles can vary in length.4Factors to indicate the stages include gross domestic produc...