Seasonality
(noun)
The characteristic pattern of fluctuations in a phenomenon that repeat every year or over several years, typically associated with a particular season.
Origin:
Derived from the noun 'season' and the suffix '-ality' meaning the quality or state of being.
Examples:
- Seasonality in consumer behavior can be observed in increased sales during holiday seasons.
- Agricultural products often have strong seasonality, with prices fluctuating depending on the time of year.
- Weather patterns also exhibit seasonality, with certain regions experiencing predictable changes in temperature and precipitation during different seasons.
- The stock market is affected by seasonality, with certain sectors performing better during specific times of the year.
- Tourism industries often rely on seasonality, with fluctuations in demand driven by peak travel seasons and holidays.