Companies operating in... A peak is an extreme high in the business cycle. During the peak phase, business output is at its highest in several years and unemployment is often at its lowest.

A peak is the highest point between the end of an economic expansion and the start of a contraction in a business cycle. The peak ... During an expansion phase, an economy generates positive ...

The business cycle moves in five phases: expansion, peak, contraction ... the economy has most likely entered a contractionary phase. When the unemployment rate bottoms out, a trough has likely ...

This signals the second phase of the business cycle, which is the peak. When there is no room to climb further, the economy falls downward. As economic activity falls downward, the cycle enters ...

Most of the time, but not all, the second peak is at a higher level of economic activity that the preceding one. An example of a business cycle is shown in the following graph for the recession of ...