Seasonality is a characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year.
 | | Term of the Day | Words to Know | | |  | | Seasonality | Seasonality is a characteristic of a time series in which the data experiences regular and predictable changes that recur every calendar year. Any predictable fluctuation or pattern that recurs or repeats over a one-year period is said to be seasonal.
Seasonal effects are different from cyclical effects, as seasonal cycles are observed within one calendar year, while cyclical effects, such as boosted sales due to low unemployment rates, can span time periods shorter or longer than one calendar year. | | Read More » | | Capacity Management | | Capacity management is the management of the limits of an organization's resources, such as labor force, manufacturing and office space, and inventory. | | Read More » | | | Inventory | | Inventory is the term for merchandise or raw materials that a company has on hand. | | Read More » | | | Seasonal Industry | | Seasonal industry refers to a group of companies related by common business activities that earn most of their income in a few weeks or months each year. | | Read More » | | | | | | CONNECT WITH INVESTOPEDIA | | | | | | | |
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