In page navigation


Updated: Aug 20, 2021

The highest point of a business cycle. A peak represents the end of the expansionary phase of the business cycle and the start of the contraction. For an economic variable with a trend, there is a distinction between a peak in the sense of an absolute local maximum and a peak in the sense of a maximum relative to trend, i.e. a peak in the detrended data.

Reference: Oxford Press Dictonary of Economics, 5th edt.

Sources & references
Risk disclaimer

Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.