The business cycle illustrates economic fluctuations over time. This page features charts visualizing the cyclical patterns of rising and falling economic activity.

The Business Cycle Framework depicts the general pattern of economic cycles throughout history, though each cycle is different; specific commentary on the current stage is provided in the mai body …

Apr 7, 2025 · In the graph above, the curve above the trend line represents the expansion phase of the business cycle. The periods of expansion (economic growth where real output increases) follow a …

Aug 6, 2023 · A graph illustrating the phases of business cycle. In the above graph, time is taken on the X-axis, while, the real gross domestic product (real GDP) is taken on the Y-axis.

Jan 23, 2026 · Explore the business cycle, its phases, and how it measures economic activity fluctuations, including production output changes in an economy.

Business Cycle Graph The business cycle graph below shows total economic output (a measure of national income) on the vertical axis, and the passage of time on the horizontal axis.

Category: Production & Business Activity > Business Cycle Expansions & Contractions, 295 economic data series, FRED: Download, graph, and track economic data.