Expansion


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Expansion

Phase of the business cycle as it climbs from a trough toward a peak.

Expansion

In a business cycle, a period of growth during which an economy moves from its trough to its peak. For example, if an economy dips to growth of -2.5% and then recovers to 3% growth, this period is called expansion. It is considered a normal and inevitable part of a business cycle following a recession or other contraction. Expansion is also called recovery.
References in periodicals archive ?
Going forward, the two companies will continue to cooperate in future expansions of the DBNGP.
Professional services, including accounting, law, architecture and engineering as well as personnel services, posted the largest number of major expansions in 2005 with 52, up 11 from 2004.
Supernovas were 20 percent dimmer than expected if cosmic expansion had remained constant.
Be clear about the indicators you will use, along with a time frame, to decide if the expansion plan should be continued, reengineered, or suspended.
As a result, the research determined that the aluminum fill temperature must be closely controlled with these two systems to ensure against unbonded sand at the mold-metal interface and expansion defects.
Riocan Real Estate Investment Trust is waiting for approval from the city to go ahead with the expansion.
The HIFA guideline stipulates that states must adhere to "current-level Medicaid and SCHIP resources," while allowing broad expansions in those eligible.
Concentrating development is the best way to minimize impacts, he insists, and until the demand for skiing picks up, he says, "Our position is that there should not be a single ski area expansion on public lands.
The expansion will take place at the company's Kaiping production facility, which is a joint venture between AlliedSignal and China Kaiping Polyester Enterprise.
Development sprawl: Finally, ski area expansion can lead to strip development, "condo-sprawl," housing inflation and traffic congestion, posing economic, social and infrastructure problems.
As financial advisor, Mizuho Corporate Bank's role includes reviewing the financial aspects of the ACP's Master Plan and expansion proposal, providing strategic counsel on financing structures and strategies, and creating and implementing an integrated financial model, among other items.