Earlier this year, we laid out our conceptual framework that determines how cyclically sensitive key economic sectors are likely to be, and outlining the tactical and strategic advantages an organization can acquire by developing the ability to ride the business cycle. We have now determined the cyclical volatility of over a hundred specific industries.

This examination adds important nuance and depth to our understanding of the determinants of cyclical volatility. In industries with high cyclical sensitivity, the relevant leading indexes can be invaluable as part of early warning systems.