Definitions for boom and bust
boom and bust

WiktionaryRate this definition:0.0 / 0 votes

1. boom and bustnoun

   A pattern of high prices in a given market or in the entire economy followed by ruinously low prices, falling production, and bankruptcies by producers.

WikipediaRate this definition:0.0 / 0 votes

1. boom and bust

   Business cycles are intervals of expansion followed by recession in economic activity. These changes have implications for the welfare of the broad population as well as for private institutions. Typically business cycles are measured by examining trends in a broad economic indicator such as Real Gross Domestic Production. Business cycle fluctuations are usually characterized by general upswings and downturns in a span of macroeconomic variables. The individual episodes of expansion/recession occur with changing duration and intensity over time. Typically their periodicity has a wide range from around 2 to 10 years (the technical phrase "stochastic cycle" is often used in statistics to describe this kind of process.) As in [Harvey, Trimbur, and van Dijk, 2007, Journal of Econometrics], such flexible knowledge about the frequency of business cycles can actually be included in their mathematical study, using a Bayesian statistical paradigm.There are numerous sources of business cycle movements such as rapid and significant changes in the price of oil or variation in consumer sentiment that affects overall spending in the macroeconomy and thus investment and firms' profits. Usually such sources are unpredictable in advance and can be viewed as random "shocks" to the cyclical pattern, as happened during the 2007–2008 financial crises or the COVID-19 pandemic. In past decades economists and statisticians have learned a great deal about business cycle fluctuations by researching the topic from various perspectives. Examples of methods that learn about business cycles from data include the Christiano–Fitzgerald, Hodrick–Prescott, and singular spectrum filters.

WikidataRate this definition:1.0 / 1 vote

1. Boom and bust

   In economics, the term boom–bust cycle describes a time period characterized by sustained increases in several economic indicators followed by a sharp and rapid contraction.

How to pronounce boom and bust?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say boom and bust in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of boom and bust in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of boom and bust in Pythagorean Numerology is: 9

Examples of boom and bust in a Sentence

1. Van Assche:

   We're cutting costs in every way, shape and form that we can, this boom and bust thing has been a lot of fun.

2. Nigel Green:

   There are many, and legitimate, contributing factors to the global economic slowdown narrative. These include China-related issues, such as the recent devaluation of its currency, the stock market's boom and bust in recent months, and slower GDP growth, i believe that this volatility is likely to remain with us, at least until the end of the year ... But for most long term investors, fears of a near-term financial apocalypse are overdone.

3. Gillette Mayor Louise Carter-King:

   The energy industries always have been boom-and-bust, but this was a big one.

4. Ryan Reese:

   Seattle’s a boom and bust town – it’s been gold boom and bust, tech boom and bust.

5. United States:

   This is like a boom and bust cycle, right now, we don't have much and then we do all these things( like scaling up production at United States plants and bringing in more imports through The Operation Fly Formula). By the end of August, September, shelves are going to be full again. I think that's when this is going to finally relieve itself.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Boom_and_Bust
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Boom_and_Bust
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=boom and bust