cyclical component
[ˈsɪklɪkəl kəmˈpoʊnənt]
nounpl: cyclical components
componente cíclico
1. The part of a time series that represents recurring fluctuations or patterns that occur at regular intervals, typically lasting more than one year
The cyclical component of the economy shows peaks and troughs that repeat approximately every five years.
O componente cíclico da economia mostra picos e vales que se repetem aproximadamente a cada cinco anos.
2. In time series decomposition, the oscillating movement around the trend after removing seasonal effects
Economists separated the cyclical component from the seasonal component to better understand business cycles.
Os economistas separaram o componente cíclico do componente sazonal para entender melhor os ciclos econômicos.
This is a technical term primarily used in economics, statistics, and business analysis. It is essential in discussions of macroeconomic policy, market analysis, and financial forecasting in both Brazil and the USA. Brazilian economists frequently analyze cyclical components to understand the country's economic performance relative to business cycles.
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