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According to this article from the Deloitte University Press, the length of recovery has little to do with the probability that a recession might occur. Dr. Daniel Bachman claims that modern business cycle thought and recession data suggests that business decision makers should look elsewhere to gauge where the economy is headed. Since WWII, the average US business cycle expansion has lasted 56 months. The last three expansions have been exceptionally long and the current expansion is already longer than most of the expansions in the 1950s-70s. Therefore, it is possible that something such as a the role service in the economy has changed but the sample is small and the uncertainty is high. In fact, most economists who study business cycles do not view them as cycles. The world's first industrialized economy, the UK, suffered banking panics in 1825, 1847, 1866, and 1890 and the fact that a crisis appeared every 20-25 years suggest that there was some form of regular force at work in modern economies that lead to a cycle. However, as economists began to use statistical techniques, they discovered that the cycles in the data were probably illusions. As, a result, economists have mostly rejected the idea of business cycles repressing an inherent, regular feature of the economy. Instead, they view the economy as experiencing random shocks, both positive and negative.

This article illustrates two economic terms, the business cycle and consumer confidence. The UK economy is currently going through a boom phase, suggesting inflation is rising. This may seem good now, but higher inflation causes less competitiveness for exports, which will lead to a recession phase. It's the business cycle. The article also describes how job opportunities went up, which is likely to cause consumers to consume more, because they are expected to get a raise or promotion soon. This adds to the boom even further. Knowledge of this makes it easier to make economic decisions and explaining why events take place like they do.

Christian Wienberg illustrates how expansions and contractions have an effect on the global economy. Recently there has been a contraction, illustrated by the decrease in consumption, thus production and trade. The business cycle would suggest a recovery soon, because of lowered inflation or even deflation.

This article discusses the financial recovery in America. The GDP growth is America has been well it and the job gains are more than what was expected. It also discusses Conor Sen at New Rivers Investments views on the economic cycle after the recent economic crisis in the country. To Sen even though the economy is improving but the economy that we are used will probably changes.

After a seemingly turbulent beginning to 2014, the economy is growing again in its normal business cycle routine. The main graph depicts the business cycle with periods of economic expansion and contraction.

This article, published on November 20, 2015, describes how fracking companies in the United States are progressing in the business cycle. In the author's opinion, business growth for these firms is slowing down, indicating an approach to recession.

The economy has been improving since it's last recession from 2007-9, but believes that the next recession is soon to come. Still no completely recovered they're afraid of the next recession, so in order to prepare/recover faster they believe that interest rates must stay low and that fiscal policy has to do more of the work for economic stability.

Economics & Finance - BLOG Another recession is coming in the not-too-distant future. With monetary policy not yet back to normal, governments and central banks should start planning their responses. In most advanced economies business cycles can be characterised by a succession of long expansion phases interrupted by short recessions.

The return of the haze to Singapore has brought the predictable round of complaints, analysis, hand-wringing, and soul-searching, but the problem never seems to improve. To establish a basis for actionable intervention, it is critical to link policy solutions with evidence about the health impacts of the haze-on residents of Indonesia.

Manufacturing in Germany is slowing down while economic activities for France is also at a low. Although output has been "increasing modestly", the manufacturing and service sectors are "showing strains." The economic slowdown in Germany would not only affect the country itself, but also the other countries in the eurozone. The United States and Japan has also been briefly mentioned in this article on how they are doing in the economic growth. Things do not seem to be going too well for Japan, and although the U.S seems to be doing well, they cannot "carry the global economy on its own"

Britain is experiencing a downfall in their economy due to less consumer spending. The GDP growth of the country has been slowing at a pace of .3% and according to economist Chris Williamson, this is due to the fact that consumers are being cautious with their spending and are pulling back and also that the manufacturing sector is struggling. The pound value has weakened compared to the euro and dollar. Also a poll done in the service sector shows growth at a slow pace since April 2013.

The overall article states that China might increase its output and economists are predicting that by looking at the other four major East Asian economies. This relates to our topic because that means the firms and government are investing more and the the economy's exports are increasing

The average earnings of non-supervisory retail worker in September 2014 was calculated to be lower than the average earnings ten years ago. Meanwhile, private-sector average hourly wages were lower last month than they were the same month back in 2010. Although the US is currently in its "recovery" stage (from the business cycle), the average wages of the workers has still yet to prove this. In fact, the wage rates are contradicting.

This article looks at the boom and recession of the housing market which played a huge part in the overall economy of the us in bringing it to a recession.

- In this article, Nomura has seen an 8% GDP growth for the fiscal year. Chief economist in India states that some factors that caused the growth include "policy efforts from both the RBI and government support the projections for higher growth." Foreign investors continue to rise on the stock market which is evidence of the rise in investors participating in the market.

We thought Abenomics was supposed to help the Japanese economy grow, not shrink. Japan on Monday reported that its economy contracted in the quarter ended Sept. 30, pushing the nation into its second recession since Prime Minister Shinzo Abe took office in December 2012 and its fourth technical recession in five years.