Phase 2: Peak. At this stage, the economy reaches a maximum rate of growth. As consumer demand rises, there's a point at which businesses may no longer be able ...

The top of the business cycle occurs when economic growth has reached a point where it will stabilize for a short time, called a peak, before it reverses ...

Peak is the transition from an expansion to a recession in an economy. The peak is the lowest point on a business cycle. Click to Learn More!

Following the expansion comes the peak. This is the point where economic activity has reached its maximum output. Economic indicators such as GDP, employment, ...

In economic terms, a peak refers to the highest point of economic activity within a business cycle, after which the economy typically begins to decline.

The peak phase occurs when the economy reaches its maximum productive output, signaling the end of the expansion. After that point, employment numbers and ...

PEAK: The transition of a business-cycle expansion to a business-cycle contraction. The end of an expansion carries this descriptive term of peak, or the ...

The peak is the month in which a variety of economic indicators reach their highest level, followed by a significant decline in economic activity. Similarly, a ...

The economy then reaches a saturation point, or peak, which is the second stage of the business cycle. The maximum limit of growth is attained. The economic ...