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Business Cycle:
Term used by economists to designate a periodic increase and decrease in an economy’s production and employment. Ever since the Industrial Revolution of the 1800s, the overall level of production in industrialized capitalist countries has varied from high output and employment to low output and employment.
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business cycle
- economic boom and bust: a recurrent cycle of growth, decline, recession, and recovery in the economic activity of a capitalist country
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  • Business cycle - Wikipedia, the free encyclopedia

    The business cycle or economic cycle refers to the fluctuations of economic activity about its long term growth trend. The cycle involves shifts over time between periods of ...

  • ECRI | Resources

    ECRI has established reference cycle chronologies for 20 economies based on the same methodology used to establish the official business cycle dates for the United ...

  • ECRI | Solutions | Academics

    This is the ECRI Solutions page for academics. ... Standard economic texts give short shrift to the subject of business cycles, including the definition and prediction of ...

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