The Cyclical Indicator Approach to Forecasting

Abstract

Cyclical fluctuations in the level and rate of growth of economic activity have long been a feature of the British economy. The ability to forecast “turning points” (peaks and troughs) in business activity is of crucial importance for changes in companies' stockholding policy, hiring policy, capital budgeting, and many other aspects of corporate appraisal.

Citation

Sparkes, J.R. (1981), "The Cyclical Indicator Approach to Forecasting", Managerial Finance, Vol. 7 No. 1, pp. 10-15. https://doi.org/10.1108/eb013479