The recession is the phase that comes after the peak phase. The demand for products and services begins to fall off quickly and continuously during this stage. The market becomes oversupplied because producers need to react quickly to a drop in demand and continue to produce. Prices often drop. All favorable economic indicators, including income, output, wages, and so forth, inevitably start to decline. With the help of the Cycle Toolbox Application, you can detect dominant cycles in any dataset.
The recession is the phase that comes after the peak phase. The demand for products and services begins to fall off quickly and continuously during this stage. The market becomes oversupplied because producers need to react quickly to a drop in demand and continue to produce. Prices often drop. All favorable economic indicators, including income, output, wages, and so forth, inevitably start to decline. With the help of the Cycle Toolbox Application, you can detect dominant cycles in any dataset.
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