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Feb 25, 2024 · Learn what a business cycle is, how to measure it, and the four phases it goes through: expansion, peak, contraction, and trough. Find out how the NBER determines the dates of recessions and expansions, and how stock prices react to the business cycle.
- Lakshman Achuthan
- 2 min
Business cycles are intervals of general expansion followed by recession in economic performance. The changes in economic activity that characterize business cycles have important implications for the welfare of the general population, government institutions, and private sector firms.
Learn what a business cycle is, how to measure it, and the six stages it goes through. A business cycle is a series of expansion and contraction in economic activity that affects GDP, employment, inflation, and investment.
Dec 21, 2022 · The business cycle is the four stages of economic expansion and contraction. Learn more about each stage and what they mean for U.S. businesses and consumers.
- Kimberly Amadeo
Learn about the business cycle, the fluctuations in a nation's real GDP over time, and the four phases of expansion, peak, recession, and trough. Explore the key terms, concepts, and graphs related to the business cycle, such as potential output, output gaps, and the production possibilities curve.
Learn about the periodic fluctuations in economic activity, as measured by employment, prices, and production. Explore the different types of cycles, such as Juglar, Kondratieff, and seasonal, and their causes and effects.
