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Stenbach Slump

The Stenbach Slump, generally taking place in the middle two months of the trimester, depicted here.

The mid-trimester slump, colloquially referred to as the "Stenbach Slump", is a general trend in the Triumvirate economy and society that the economy and general activity tend to slump in the middle of the trimester while the economy and activity are extremely high at the beginning and end.

It received its colloquial name due to the severity of the mid-trimester slump under Major Executive Edward Stenbach in 2014-III, who suffered politically from the slump. The 2014-III slump caused a recession and significant drop in membership.

ReasonsEdit

GDP adjusted monthly Stenbach Slump

High activity tends to propagate higher economic activity, so it is no coincidence that these two are tied together and that when activity drops, the economy does too. Businesses tend to be more profitable and more is produced when there are more people being active, as there is more demand.

Activity is high early in a trimester due to a variety of factors: new politicians taking office come the onset of the trimester, new policies and programs being enacted, the government budget being sent out, new politicians seeking to make a name for themselves, etc. Activity is high late in a trimester for similar reasons due primarily to elections, excessive preparation for the trimester to come, and the desperation to "cram" in last minute actions for businesses or the government.

In the middle of the trimester, the slump occurs where activity and economic production drop off. There is not as much to do, less gearing up and discussion surrounding elections, and individuals often become busy. This is where action slows, membership tends to drop, and the economy may falter.

The Slump is StructuralEdit

Due to structural reasons, the slump is somewhat inevitable, as it is mechanisms like the election cycle (which crop up only in the last month of the trimester) and the government budget send out (which occurs in the early month of the trimester) that propagate this shift in activity over the course of each trimester. It is for that reason that some have proposed addressing the slump from this angle, by going after the institutional and structural issues to resolve the issue (by pushing some elections, like the election of the Senators, to the middle of the trimester for example).

The Summer ExceptionEdit

There is a general exception to the rule of a mid-trimester slump during the second trimester of each year, during the summer, as people are often more available and have more time on their hands. See June-July 2013, June-July 2014, both of which actually saw more economic production than the May-August periods in each year.

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