Contraction

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Contraction

In a business cycle, the time between the peak and the bottom. That is, a contraction occurs between the end of economic growth and the end of the subsequent recession. Contractions are characterized by layoffs, a decline in GDP, and other negative factors. However, historically, contractions have tended not to last as long as expansions.
References in periodicals archive ?
Effects of HMB and AOC on total VFA and molar proportion of each fatty acid of two forages are presented in Table 5.
The notice deletes AOC 92F (petroleum and water) and establishes R8, petroleum and water, as a skill identifier associated with AOC 90A.
Prior joining AOC Afaq has worked with Asbis ME, KSA and in past he has worked with leading distribution companies in various capacities.
Bronze in the Swiss Cheese category for Kaltbach Le Gruyere AOC produced in the Lignieres Dairy
We are very pleased that AOC eventually decided to stay in our country and move back to The Hague," said Patrick Polman, director Gulf region of the Netherlands Foreign Investment Agency (NFIA).
The cheesemaker is launching an untreated 250g AOC Camembert next week to sit alongside its existing micro-filtered cheese.
In response, AOC developed a resin formulation that incorporates new low-profile additives that reduce moisture by up to 60%.
58 percent in AOC by purchasing privately placed new shares and outstanding shares at a cost of about 10 billion yen in October.
The problem was that no single financial system existed within the organization which could easily review the financial activities of these courts to enable AOC to fulfill its new oversight role as required by AB 233.
AOC also lost its Kuwaiti concession, which expired on Jan.
As part of the agreement, the AOC will reportedly use Sabre Airline Solutions' flight operations products and consulting services.