Seasonal Trends

Seasonal trends refer to predictable patterns or fluctuations in data that occur at specific times of the year, typically influenced by seasonal factors such as weather, holidays, and cultural events. These trends can be observed in various fields, including retail sales, tourism, agriculture, and even stock markets. For instance, retail businesses may see an increase in sales during the holiday season, while tourism may peak in summer months. Analyzing seasonal trends helps businesses and organizations plan their strategies, allocate resources effectively, and forecast future performance by understanding the recurrent nature of these cycles.