A trough is the lowest point in the performance of an economic cycle, before it reverses and heads back up. The trough marks the end of a recession and the beginning of an expansion.
In the U.S., the National Bureau of Economic Research (NBER) is responsible for calling the start and end dates of recessions. They do this by looking at a variety of indicators, including gross domestic product (GDP), employment, personal income, and industrial production.
The trough definition can be helpful in identifying when an economy has hit bottom and is starting to turn around. It can also be used to help assess the severity of a recession. For example, a shallow trough would suggest a milder recession, while a deeper trough would indicate a more severe downturn. What is the significance of a drug's trough to peak ratio? The trough to peak ratio is the measure of the time it takes for a drug's concentration in the blood to increase from its lowest level (trough) to its highest level (peak). This ratio is important because it can help to determine the best time to take a drug in order to maximize its therapeutic effect. For example, if a drug has a high trough to peak ratio, it may be best to take it just before its peak concentration in order to maximize its therapeutic effect.
What is a recession in simple terms?
A recession is a period of time when the economy slows down. This can be caused by several factors, including a decrease in consumer spending, an increase in taxes, or a decrease in exports. When the economy slows down, businesses make less money and people lose their jobs.
What causes a trough in economics?
A trough is the low point in the business cycle, typically characterized by high unemployment and low economic activity. The causes of a trough can be varied, but often include a combination of factors such as high interest rates, high inflation, and/or weak consumer confidence. What is the meaning of the word troughs? The word "troughs" refers to the lowest point in the business cycle. This is the point at which the economy is contracting and unemployment is rising. What is a trough container? A trough container is an economic term that refers to a period of time when economic activity is at its lowest point. This can be caused by a number of factors, such as a recession or a financial crisis.