Cycle Phases
Distinguish expansion, peak, contraction, trough, and recessionary output gaps using broad economic evidence rather than fixed GDP rules.
Business-cycle phase terms for expansion, peak, recession, trough, recovery, depression, and common recovery shapes.
Cycle Phases, Recessions, and Recoveries covers business-cycle phases, recessions, recoveries, labor-market releases, production data, confidence measures, forecasting terms, and cycle indicators used in market analysis.
Use these pages when economic data or cycle labels affect revenue assumptions, credit quality, rate expectations, portfolio positioning, or business-planning scenarios. It sits inside Business Cycles and Economic Indicators, so readers can move up when the broader economics context matters.
This landing page points readers toward Cycle Phases and Output Gaps, Recessions, Depressions, and Downturns, and Recovery, Landing, and Cycle Shapes. Choose the narrower page when the term changes the evidence source, calculation, institution, market convention, risk exposure, or decision being made.
| Area | Use it for |
|---|---|
| Cycle Phases and Output Gaps | Business-cycle phases and output-gap concepts used to interpret macro data and market turning points. |
| Recessions, Depressions, and Downturns | Downturn, recession, and depression terms that frame credit conditions, earnings risk, and policy response. |
| Recovery, Landing, and Cycle Shapes | Recovery-shape, landing, and overheating terms used when market narratives turn on the economic cycle path. |
Cycle analysis is educational context and not a forecast or recommendation.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
Distinguish expansion, peak, contraction, trough, and recessionary output gaps using broad economic evidence rather than fixed GDP rules.
Recession and downturn concepts for interpreting broad economic weakness, financial stress, recoveries, and historical crises.
Recovery paths, overheating conditions, and landing outcomes used to evaluate how an economy moves after a downturn or late-cycle imbalance.