Recent Examples of business cycle from the Web
Others argued the cut was badly timed from a macroeconomic perspective—providing a large dose of stimulus late in the business cycle, just as interest rates are rising and fears of overheating are emerging.
Those employees who remain here are 20- and 30-year veterans, grateful survivors of the business cycles that have buffeted the industry.
Despite being in an expansionary phase of the business cycle and despite a national growth rate that is well below the post-World War II average growth rate, California registered two quarters of growth that were slower even than the nation’s.
The researchers found that consumer and business confidence tended to start declining before the peak of the business cycle, and to start recovering before recessions ended.
In general, the business cycle -- an economics term that refers to the cycle of growth, contraction, and recovery that's a feature of every normal economy -- was subdued.
Ayhan Kose, director of the World Bank Group’s work on global macroeconomic outlook and forecasts, summarized work by the bank’s researchers on confidence indexes and the business cycle.
But investors see rapidly rising wages as heralding the late stage of the business cycle: They are linked to rising inflation.
Remember that last one, when learned analysts told us that advancing technology had eliminated the business cycle?
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'business cycle.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of business cycle
Financial Definition of BUSINESS CYCLE
What It Is
How It Works
An expanding economy is characterized by low unemployment, high productivity, and high consumer spending. When there is a decline in productivity, business revenues start to decline. Companies, consequently, reduce their workforces to cut costs. This results in rising unemployment and lower consumer confidence and spending, which are all hallmarks of a recession.
As the recession weakens, incremental increases in productivity and revenues lead to an economic recovery. The unemployment rate is gradually reduced as companies begin hiring again. A decreasing unemployment rate leads to an increase in consumer confidence and spending, and the economy begins expanding again.
Why It Matters
Business cycles are of particular interest to economists and policy makers. Government intervention is often introduced during recessionary periods in an effort to hasten recovery. By studying the historical patterns of economic expansion and contraction, it may be possible to understand and forecast future economic trends.
Seen and Heard
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