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 ?
Too many times patients will come into labor and delivery saying 'I was having Braxton Hicks contractions so I just stayed home,'" Dr.
And once they're swapping tips on Braxton Hicks contractions, nursery colour schemes and clucking, "you don't want to leave it too late.
Speaking at the National Television Awards party, Jessie explained: "It turned out to be a false alarm - what doctors call Braxton Hicks contractions.