Expansion

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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 ?
The expansion project envisions substantially increasing the capacity of the existing pipeline and allowing for bi-directional flow of natural gas.
Fortron believes that the expansion of the plant is significant to both the plastics industry as a whole as well as the business climate in Wilmington and surrounding areas.
The expansion will benefit the Saskatchewan economy as well as Agrium's customers and shareholders.
In addition, Tenet is investing in capacity expansions to better meet growing health care needs fueled in large part by the increasing health care needs of aging Baby Boomers.
From the NFL Showdown(TM) sports card game to the Harry Potter(TM): Quidditch(TM) Cup expansion or the Pokemon(R): Southern Islands Collection(TM), the company best known for its wildly popular trading card games (TCGs) has something for everyone.
At that time, Lilly stated its plan to add 7,500 new jobs and invest $1 billion for new capital expansion to its Indianapolis operations over the next 10 years.
announced today a $22 million expansion of their jointly owned Logan Aluminum rolling mill in Logan County, Kentucky.
NEW YORK--(BUSINESS WIRE)--May 1, 1997--Southern Peru Copper Corporation (SPCC) (NYSE and LSE:PCU) "had an excellent year in 1996 with completion of a major capital spending program, increased copper production, expansion of ore reserves and announcement of a new 5-year, $1 billion modernization and expansion program.
RTZ-CRA has also contributed $84 million of expansion costs.
SRT) announced that it has signed today a contract for a second expansion order worth approximately $86 million with the Rural Telephone Services Company of Thailand (RTS) for the supply of its SR500-s products to the Telephone Organization of Thailand (TOT), the national telephone company.
15, 1995, El Paso Natural Gas Company (NYSE:EPG) completed an expansion of its San Juan Basin Triangle facilities in northwestern New Mexico.
That is a very impressive expansion rate for any West Coast port.