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 sharp slowdown or recession that follows a tightening cycle or other macro adjustment.
A broad decline in economic activity that usually shows up in output, employment, income, and spending.
A slowdown that cools inflation or excess demand without tipping the economy into a deep recession.
Prices and inflation
A period when inflation stays elevated while growth weakens and labor-market conditions soften.
Models and projections
A probability model often used for recession-risk or state-transition classification.
A change in the underlying behavior of the economy or series, such as moving from expansion to recession.
A move into a different macro state, such as a recession-risk regime or a more persistent inflation regime.
