A trough, in economic terms, can refer to a stage in the business cycle where activity is bottoming, or where prices are bottoming, before a rise.
Explore how long typical boom and bust cycles last, their impact, and economic trends in U.S. business cycles.
The “business cycle” might just be one of the oldest ideas in economics. For more than 200 years, economists have been pointing to the tendency of economies to expand, then slow down, contract and ...