MLchartDataset catalogue

Business cycle

Term · Economic statistics · MLC-T-ECS-000194

Timeline of periods of growth and decline in an economy.

Note: The cycle has four stages: expansion, when the economy grows; peak, the high point of an expansion; contraction, when the economy slows down; and trough, the low point of a contraction.

Table 1. Record
IdentifierMLC-T-ECS-000194
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-000194",
  "term": "Business cycle",
  "field": "Economic statistics",
  "definition": "Timeline of periods of growth and decline in an economy.\n\nNote: The cycle has four stages: expansion, when the economy grows; peak, the high point of an expansion; contraction, when the economy slows down; and trough, the low point of a contraction.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/business-cycle/"
}

Record 194 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.