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, cars, 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 information about cyclical industry:
- Cyclical Industry Definition | Investopedia
A type of an industry that is sensitive to the business cycle, such that revenues are generally higher in periods of economic prosperity and expansion, and lower ...
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Definition of cyclical industry: An industry which is sensitive to business cycles and whose performance is tied to the overall economy, especially interest rates.
- Cyclical Industry Definition & Example | InvestingAnswers
We explain the definition of Cyclical Industry, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.
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Definition of cyclical industry: Industry that is sensitive to economic cycles and moves in step with them, such as automobiles, housing, and steel industries which ...
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A cyclical industry is a part of the business world that is particularly sensitive to shifting business cycles. One of the classic...
- Cyclical Industry - Financial Dictionary - The Free Dictionary
An industry that tends to do poorly when most of the economy as a whole is performing poorly, and well when the economy is doing well. Cyclical industries may ...
- Cyclical industry | Business Pundit
A cyclical industry is particularly dependent on business cycles. It is especially sensitive to changes in interest rates, as well as to changes in other.