A contraction is the phase of the business cycle when the economy declines, often with falling real GDP and rising unemployment, moving from peak toward trough (expansion, peak, contraction, trough).

Argentina’s economy shrank 0.6 percent in the second quarter from the previous three months, recording its first quarterly ...

Small-business owners need to realize that business operates in cycles. During the growth or maturation phase, businesses purchase equipment and hire employees. Eventually, they grow so large they can ...

The periodic availability or scarcity of cash, the movement of interest rates from low to high, and the reaction of businesses and consumers to these conditions all play a role in creating the ...

JOHANNESBURG, Sept 8 (Reuters) - The South African rand held steady on Tuesday as traders shrugged off a second-quarter ...