Business Cycle
Business Cycle describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets.
Business-cycle phases and output-gap concepts used to interpret macro data and market turning points.
Cycle Phases and Output Gaps 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 Cycle Phases, Recessions, and Recoveries, so readers can move up when the broader economics context matters.
Use the table below to choose the narrower economics branch before applying a term to a model, credit view, market interpretation, policy conclusion, or risk review. Move into the term page when the evidence source, calculation, institution, market convention, or risk exposure matters.
| Area | Use it for |
|---|---|
| Business Cycle | Business Cycle describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets. |
| Business Cycle Expansion | Business Cycle Expansion describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets. |
| Contraction | Contraction describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets. |
| Peak | Peak describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets. |
| Recessionary Gap | Recessionary Gap describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets. |
| Trough | The trough represents the lowest point of economic activity in a recession or depression, where recovery begins. |
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.
Business Cycle describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets.
Business Cycle Expansion describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets.
Contraction describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets.
Peak describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets.
Recessionary Gap describes a business-cycle phase or pattern that affects output, employment, inflation, and financial markets.
The trough represents the lowest point of economic activity in a recession or depression, where recovery begins.