How Do Seasonal Fluctuations Affect Different Industries?
The impact of seasonal fluctuations varies across different industries:
Retail: Retailers often see increased sales during the holiday season and back-to-school periods. They may need to hire temporary staff and increase inventory to meet demand. Agriculture: The agricultural industry experiences fluctuations based on planting and harvesting cycles. Weather conditions also play a significant role. Tourism: The tourism industry often sees peaks during summer and winter holidays, leading to higher demand for accommodation and travel services. Construction: Construction activity can be seasonal, with higher levels of activity in warmer months and a slowdown during winter.