What does business cycle mean?
Definitions for business cycle
busi·ness cy·cle
This dictionary definitions page includes all the possible meanings, example usage and translations of the word business cycle.
Princeton's WordNet
business cycle, trade cyclenoun
recurring fluctuations in economic activity consisting of recession and recovery and growth and decline
Wiktionary
business cyclenoun
A long-term fluctuation in economic activity between growth and recession
Wikipedia
Business cycle
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.
ChatGPT
business cycle
A business cycle, also known as an economic cycle, refers to the fluctuations in economic activity that an economy experiences over a period of time. It consists of periods of economic expansion and contraction, typically measured in terms of GDP, characterized by stages such as growth (expansion), peak, recession (contraction), trough, and recovery. Factors such as gross domestic product (GDP), interest rates, levels of employment and unemployment, and income play significant roles in different phases of the business cycle.
Wikidata
Business cycle
The term business cycle refers to economy-wide fluctuations in production, trade and economic activity in general over several months or years in an economy organized on free-enterprise principles. The business cycle is the upward and downward movements of levels of GDP and refers to the period of expansions and contractions in the level of economic activities around its long-term growth trend. These fluctuations occur around a long-term growth trend, and typically involve shifts over time between periods of relatively rapid economic growth, and periods of relative stagnation or decline. Business cycles are usually measured by considering the growth rate of real gross domestic product. Despite being termed cycles, these fluctuations in economic activity can prove unpredictable.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of business cycle in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of business cycle in Pythagorean Numerology is: 3
Examples of business cycle in a Sentence
Eventually expansions come to an end, the business cycle has not been repealed. But I would say there's no reason why this economy can not continue to expand.
Remember too that Brexit is occurring while the U.S. economy is in the later stages of its current business cycle, meaning the U.S. is more susceptible to economic shocks, there is, happily, a lot less leverage in the system than there was in 2007, meaning no recession of equal magnitude is threatened.
This is confounding for people who argue the yield curve is not giving its usual signal on the economy because of central bank action, the difficulty this time is we have an abnormal business cycle and more importantly an abnormal central bank cycle ... (although) one is always cautious about saying the current situation is different from previous periods in history.
We’ve had a lot of speculation recently that the Biden stimulus package won’t be negative for the dollar at all, in fact it will be a positive thing just on the basis that it should lead to U.S. economic outperformance, but I think if you look at more of the trends in the market at the moment, and we go back to the business cycle, we’re really only at the beginning of this uptick in the global recovery, and a necessary ingredient of that is a weaker dollar.
We believe that market optimism on the mining sector is at a pretty low level on concerns regarding supply-side issues and the sustainability of Chinese growth. And that makes the sector sensitive to any good news coming through, we are overweight on the mining sector and believe that the pessimism is overdone especially in the current environment where the business cycle indicators are starting to point upwards. It's a cyclical sector and is exposed to a re-acceleration in the global economy.
Translations for business cycle
From our Multilingual Translation Dictionary
Get even more translations for business cycle »
Translation
Find a translation for the business cycle definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
Style:MLAChicagoAPA
"business cycle." Definitions.net. STANDS4 LLC, 2024. Web. 20 Apr. 2024. <https://www.definitions.net/definition/business+cycle>.
Discuss these business cycle definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In