The Treasury said "It remains too soon to assess whether the second half of 2006 marks the end of the economic cycle
that is judged to have started in the first half of 1997.
The expansionary phase of the 13th postwar economic cycle
lasted just 22 months, the shortest since the end of World War II, the Cabinet Office said after Cabinet office officials met with a study group assigned by the government to research economic-related indexes.
The Treasury now judges that the current economic cycle
started in 1997 - two years earlier than previously thought.
Economists had warned that Mr Brown was about to break his "golden rule" of only borrowing to invest over the current economic cycle
, but the change to the start date should ensure he will not do so.
As John McKean so eloquently states, marrying data driven analytics with consumer insight is critical for managing through tough economic cycles
today announced the introduction of the "Basic Four Economic Cycle
Indices," which are four indices that allow investors to observe and to take advantage of return and risk opportunities at different phases of the economic cycle
Moreover, since all markets have varying economic cycles
, we wanted to establish our firm in several different industries to stay consistently active.
It is noted that annual growth increases year-on-year until 2007, at which point revenues will crest, in conjunction with market maturity and a likely shift in the economic cycle
As 2004 illustrated, the strength and, just as important, the balance of our businesses enables us to generate strong earnings and cash flow in nearly all stages of the economic cycle
," said Bunch, who will become chairman and CEO July 1, as announced last month.
BG's capital position has been a key strength during the past few years, and was a critical factor in BG's ability to absorb the tax settlement at a weak point in the economic cycle
without business disruption.
We think the slowing of growth forecast by the Economic Cycle
Research Institute Weekly Leading Index might be revealing one last substantial setback by the markets early next year.
In general, the markets in which our major business units operate are in expansive phases of the economic cycle
and we foresee this continuing for the remainder of the present financial year.