Recent Examples of business cycle from the Web
That is to be expected in a maturing business cycle.
Bond bulls have a spring in their step thanks to softer economic data and signals the business cycle is close to peaking.
Although the world enjoys a synchronized expansion, the great financial crisis may not be truly over until the downside of this business cycle is managed.
The company is owned by multinational diamond mining giant Anglo American plc, which earlier this month announced rough diamond sales of $550 million during its fourth business cycle of 2018.
The most contrarian investment view today is that the tax cut has the potential to extend the business cycle.
But the program by design would fluctuate in size along with the business cycle, swelling during a recession, and contracting during a recovery.
The synthesis of Keynesian and neoclassical ideas informed a new approach to managing the business cycle.
But even as the policy remedies were helpful, the crisis exposed the economic profession’s continued ignorance of 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.
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.
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