Glossary
Macro terms, data terms, and platform terms in one place
Search matches term names, aliases, categories, and definitions.
Platform-specific workflow terms are marked separately from standard macro vocabulary.
Macro foundations
The recurring pattern of expansion, slowdown, recession, and recovery in overall economic activity.
A phase of the cycle when output, income, and employment are generally rising.
A broad decline in economic activity that usually shows up in output, employment, income, and spending.
Growth and output
The slower-moving pace of expansion consistent with longer-run productivity and labor-force fundamentals.
Models and projections
A change in the underlying behavior of the economy or series, such as moving from expansion to recession.
