Economic stability

Economic stability means that the economy is doing well and not in danger of changes—like going up and down—in prices, jobs, and businesses. For example, if the prices and wages of goods or services stay the same over a period of time, that means that the economy is stable. When the economy is stable, people and businesses can make decisions with confidence, because they know that prices won't suddenly change. This makes it easier for them to plan for the future and make investments.