industry cyclicality

Meaning

1. 1noununcountablebusinessfinance

   the tendency of a particular industry's activity, sales, or profits to rise and fall in repeated cycles over time.

   Grammar: Used as a mass noun; it does not take a plural form.

   Patterns

   • the cyclicality of an industry
   • industry cyclicality affects something

   Investors should understand the industry cyclicality before buying shares in a construction company.

   The report highlighted the industry cyclicality that makes semiconductor firms vulnerable to downturns.

   Because of industry cyclicality, hiring in tourism often slows in the winter.

Common combinations

high industry cyclicality

High industry cyclicality means profits can disappear quickly during a recession.

reduce industry cyclicality

Diversifying into other markets can reduce industry cyclicality.

exposed to industry cyclicality

Banks are exposed to industry cyclicality through their business loans.

manage industry cyclicality

Good managers know how to manage industry cyclicality by keeping costs flexible.

Synonyms and how they differ

cyclicality

A shorter form that can refer to any cyclical pattern, not only one tied to a specific industry.

seasonality

This refers specifically to changes that follow the seasons, not the longer boom-and-bust cycle of an industry.

Opposites

Word family

cyclical adjective

Happening in regular cycles; 'cyclical demand' moves up and down with the economy.

cycle noun

A series of events that repeat in the same order.

Commonly confused: industry cyclicality or seasonality?

Practice

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