Understanding Business Cycles: The Indicators Approach to Forecasting for Agility
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Understanding what phase of the business cycle an economy is in and what current economic conditions mean for the near future allowsbusinesses to better anticipate market gyrations and respond with agility. In this collection, the authors delve progressively deeper into the study of business cycles to demystify measurement and analysis using economic indicators and indexes. They discuss what defines a business cycle, the relationship between categories of economic and financial indicators, and how the analysis can provide better insight into how business cycles work.