The Four Business Cycle Phases

The Four Business Cycle Phases This chart explains the four cycle phases; expansion, downturn, repair, and recovery. Image: Morgan Stanley Research

Months Since Last U.S. Recession and Business Cycles

Months Since Last U.S. Recession and Business Cycles The U.S. economy has experienced record growth for 127 consecutive months. This is the longest period on record. Image: Danske Bank Research, Mikael Olai Milhøj

U.S. Wage Growth and Business Cycles

U.S. Wage Growth and Business Cycles Despite the U.S. economic expansion is now the longest in history, wage growth has been much slower during this business cycle than in previous cycles. Image: CNBC

U.S. GDP Growth and Business Cycles

U.S. GDP Growth and Business Cycles Despite the current U.S. economic expansion is the longest ever, GDP growth has been much slower during this business cycle than in previous cycles. Image: CNBC

U.S. Job Growth and Business Cycles

U.S. Job Growth and Business Cycles Chart showing that U.S. job growth has recovered more slowly than in previous cycles. Image: CNBC