an industry or the entire economy expands and contracts Many business cycles are anything but regular. They vary in intensity and length. Expansions and contractions of the economy, also sometimes ...
While the perception is that lower interest rates are good for businesses, history says rate-easing cycles are a worrisome ...
If we go further back in history, using mostly UK data, business cycles have tended to be even more jumpy. Indeed, these stacato’d business cycles were driven by factors such as poor harvests ...