Fast and Finance

Breaking Down The Business Cycle

Patrick McCrindle Season 1 Episode 13

The business cycle is just a termed used to describe the increase and decrease pattern in economic activity over time. And by economic activity, I mean all activities that produce, trade, and consume goods/services within the U.S. So, this can include businesses, employees, and consumers. So, the total amount of productivity within these areas is what the business cycle is referring to.