1. not following a regular pattern of recurring phases or periods
2. not affected by or dependent on economic cycles
Usage: economics; business

Examples

• The company’s noncyclical business model helped it weather the economic downturn.
• Utilities are often considered noncyclical stocks because people always need electricity.
• The data showed a noncyclical pattern that couldn’t be predicted by seasonal trends.
• Healthcare is typically viewed as a noncyclical industry.
• The researcher noted the noncyclical nature of the temperature fluctuations.
• Investors often turn to noncyclical sectors during market volatility.