Definition, Meaning & Synonyms

cyclical trend

Noun

/ˈsɪk.lɪ.kəl trɛnd/

Definition

A cyclical trend refers to the pattern in data that repeats over a specific period, influenced by economic cycles or seasonal changes.

Examples

The stock market often follows a cyclical trend, rising during periods of economic expansion and falling during recessions.
Retail sales tend to show a cyclical trend, peaking during the holiday season and declining afterward.
The agricultural sector frequently experiences cyclical trends due to seasonal planting and harvest times.

Meaning

Cyclical trends are observed when fluctuations occur during periods of peaks and troughs in economic activity, commonly related to business cycles or seasonal events.