Masked Titan
Senior Lister
The economic cycle is the fluctuation of the economy between periods of expansion (growth) and contraction (recession). Factors such as gross domestic product (GDP), interest rates, total employment, and consumer spending, can help to determine the current stage of the economic cycle.
the chart below clearly illustrates these cycles
we are currently in the 3rd cycle
the chart below clearly illustrates these cycles
we are currently in the 3rd cycle