Business Cycle Indicators

The period between the peak and the trough is the _____; the period between the trough and the peak is the _____.

• recession; expansion
• expansion; recession
• peak; trough
• trough; peak

Economy is moving out of recession; money is cheap to borrow, businesses build up inventory, and consumer start spending

• Peak

• Trough

• Expansion

• Contraction

Economic growth begins to weaken, companies stop hiring as demand lowers and they begin to lay off workers to save money

• Peak

• Trough

• expansion

• Contraction

Economy is booming, high demand leads the cost of goods to soar and suddenly economic indicators stop to grow.

• Peak

• Trough

• Expansion

• Contraction

Peice of economic data, used by analyst to interpret current or future investment

• Business Cycle

• Nominal GDP

• Economic Indicator

• Intermediate Good

A measurable set of data that may help to forecast future economic activity

• Macroeconomics

• Lagging Indicator

• Coincident Indicator

• Leading Indicator

an measurable factor that changes sometime after the economic, financial, or business variable changes

• Macroeconomics

• Lagging Indicator

• Coincident Indicator

• Leading Indicator

Economy hits rock bottom, begin paving way to recovery

• Peak

• Trough

• Expansion

• Contraction

Measures the monetary value of final goods and services; Gross domestic product

• Macroeconomics

• Microeconomics

• GNP

• GDP

Large scale or general economic factors, such as interest rates, and national productivity

• Macroeconomics

• Microeconomics

• GNP

• GDP