In which phase of the business cycle does the U

The U.S economy is in the expansionary stage.

The expansionary stage is when the economy is experiencing a high growth rate indicated by increased production, consumption, employment rates, and sales of its overall output. The United States has had a high GDP level, meaning that it has controlled and increased its local production levels. Increased production is the basis of development because it leads to an increase in supply and demand for products, consumption, employment, and income and raises living standards.

In the expansionary phase, all factors and activities are maintained at their highest levels, including production and profits. Moreover, the U.S economy has been in the expansionary stage for a longer period due to its continued developments, especially in the industrial sector.