FT MarketWatch

Cyclical industry

An Industry which is sensitive to business cycles and whose Performance is tied to the overall Economy, especially Interest rates. Many Cyclical industries produce durable, commodity-like goods such as raw materials, Car, chemicals, construction, Paper, steel, and heavy equipment. Given the durable nature of the goods, such purchases often get postponed in poor Economic conditions, but Sell especially well in good Economic conditions.

Related Terms: 14 Business cycle, Cycle, Cyclical, Car, ECI, Economic, Economy, Industry, Interest, Interest rate, Paper, Purchase, Performance, Sell
Other Related Pages: Category: Economy Starting With: C
Additional Related Terms: 10-Q, 10-K, Allowance for depreciation, Adjustable rate, Accrual of discount, Accrued interest, Amortization of premium, At par, All or any part, At best