Lakshman Achuthan of the New York-based Economic Cycle Research Institute says even a slight drop in sales has consequences.

纽约经济周期研究所(Economic Cycle Research Institute)的拉克舒曼·阿楚森(Lakshman Achuthan)说，销售即使稍有下滑，影响也是不小的。

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But under the 21st century new economic environment, economic cycle shortens greatly, market changes rapidly.

但是，在21世纪新的经济环境下，经济周期大大缩短、市场变化迅速。

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Corporations cut down the cost of new equipment for their working which means that entire economic cycle gets affected by the recession.

公司降低了新设备的成本，这意味着整个经济周期受到经济衰退的影响。

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Even so, his projections showed the current budget moving from deficit into surplus in 2009-10, allowing the rule to be met over the new economic cycle (see chart).

ECONOMIST: Gordon Brown's past imprudence is catching up with him

But an election looms around then, so clever Treasury officials will find more ruses to disguise the wreckage of the rules for example, by setting a higher debt ceiling for the new economic cycle.

ECONOMIST: Gordon Brown's past imprudence is catching up with him

As companies prepare for the upside of the economic cycle, they're bringing on new CEOs.

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