The Business Cycle in Pictures

Using images to reinforce different stages of the

economic cycle

A: Builders decide to delay construction of new homes

B: Reports that the number of new job vacancies is rising C: Increasing

hours of overtime are

worked

D: A growing number of people are counted as

homeless

H: Consumers hit by delays in product

delivery

K: The share prices of leading industrial

companies are rebounding

E: Rising demand for steel products

M: Real take-home incomes start to fall

L: Rising lipstick sales

I: Home delivered pizza becomes more popular

J: Rising business class air revenues boost profits of leading

airlinesG: The number of shifts at leading car plants is cut

F: Long-term unemployment

reaches new high

N. Government announces a fall in the trade deficit due to

decline in imports

O: Supply of rented property exceeds demand

P: Brick manufacturers report a rise in unsold stocks Q: McDonald’s holds prices despite a

rise in ingredient costs

T: The cost of shipping goods

around the world starts to rise

U: More building skips start appearing on the

streets

Y: More companies introduce wage freezes

or wage cuts

W: Shops delivering lunchtime sandwiches

to offices raise their prices because of strong demand

R: Imports of sewing machines rise

S: Banks relax their credit/ lending rules

Z: Rising government spending on

welfare benefits

V: Retails stores report an increase in demand

for male suits

X: Recruitment agencies forecast a rise in new jobs from small

businesses

Real GDP

TimeThe economic cycle in pictures

A B C D E F

G H I J K L

M N O P Q R

T U V W X Y Z

S

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