Expansion: GDP is growing, Inflation is rising, Starbucks opens 50 new stores, Stocks are rising, Unemployment is declining, Verizon expands their market, Consumer prices up 4.7 percent since February 2020, Peak: Unemployment is at an all time low, Stock market ends 2019 on a high note as Wall Street closes out a record year, Inflation is high, Businesses report record sales in all sectors, Contraction: Unemployment is rising, Inflation is declining, Consumer spending slumps at the end of 2020 and bogs down economic recovery, Global trade growth is on its longest losing streak in a decade, Trough: Unemployment continues at highest in a decade, Inflation is low, GDP sees no growth or negative growth, S&P 500 is at it's lowest in 15 years,

Business Cycle Review

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