Trough

What Does Trough Mean?
The stage of the economy's business cycle that marks the end of a period of declining business activity and the transition to expansion.

Trough

Investopedia explains Trough
In general, the business cycle is said to go through expansion, then the peak, followed by contraction, and then it finally bottoms out with the trough.

Filed Under: Economics

Related Terms

Bottom
Business Cycle
Contraction
Expansion
Peak
Recession
Slump
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