supercycle

ˈsuːpərsaɪkəl

Definitions

1. noun

A prolonged period of high economic growth, often accompanied by rising commodity prices and increasing demand for resources.

“The economist predicted a supercycle in the global economy, driven by emerging markets and technological advancements.”

2. noun

A period of particularly strong or prolonged economic growth in a specific industry or market.

“The company’s CEO pointed to a supercycle in the renewable energy sector, driven by government incentives and declining costs.”

Synonyms

  • economic boom
  • growth cycle

Antonyms

  • economic downturn
  • recession