For example, in comparison with the last business cycle recession phase lasting from December 2007 to June 2009, the corresponding softwood lumber industry
contraction phase (C4) started 23 months earlier, in January 2006, and ended 3 months earlier in March 2009.
According to the rules introduced into Cyc KB, Egypt was in the peak business cycle phase and Indonesia was in the
contraction phase of the business cycle in 2008.
The Bayesian approach intuits that in any month that the CLI reaches a cyclical trough, the probability that the CLI is in its
contraction phase (indicating that the economy is soon to slip into recession) equals zero.
The government economic report suggests that Japan's longest period of postwar economic boom, which started in February 2002, may have ended and that the world's second-biggest economy has entered a
contraction phase.
The national office market has undoubtedly reached its peak and begun its descent into the
contraction phase.
said the revised GDP data confirmed that Japan's economy has entered into a
contraction phase, but forecast that the downturn will be short-lived with recent falls in crude oil prices and expected recovery in exports.
The government earlier admitted Japan's economy may have entered a
contraction phase, indicating its longest period of postwar economic expansion since February 2002 may have ended.
Earlier this month, the government admitted in its monthly report that Japan's economy may have entered a
contraction phase, indicating its longest period of postwar economic expansion since February 2002 may have ended.
Earlier this month, the government admitted in its monthly report that Japan's economy may have entered a
contraction phase, indicating that the country's longest period of postwar economic expansion, since February 2002, may have ended.
