Trough


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Trough

The transition point between economic recession and recovery.

Trough

In a recession, the point of the most negative GDP growth that immediately precedes the beginning of recovery. In other words, it is the lowest point in a business cycle. The term comes from charting, in which the x-axis represents time and the y-axis represents GDP growth. In this situation, the low point of a business cycle looks like a trough or pit. A trough is also called a valley. See also: Peak.

trough

see BUSINESS CYCLE.
References in periodicals archive ?
The first response from a council official stated: "We have consulted our database and are satisfied that there are no human water supplies in the vicinity on which the trough could be connected.
A radiantly heated trough cannot effectively raise temperature and requires more than twice the energy.
Civil works commenced to the trough in June of this year and the construction of the structure was finished on schedule.
The first layers of backfill has now been placed within the trough, which has allowed for the laying of the district cooling pipes by AMA, the contractor for Bahrain Bay Utilities.
Traditional trough levels of 5-10 mg/L are likely too low to ensure effective vancomycin exposure and can reduce susceptibility to the drug.
Keep a trough of Redmond salt within 10 feet of the watering area.
This particular trough was once placed on Water Street, beneath a natural spring where a PVC pipe now sticks out of the side of the hill, he said.
We determined the probability density function (PDF) of measured trough elevations in one area.
The address makes it look as though my husband lives in the trough.
Next go to your favorite home improvement center and invest in an assortment of mudding tools: a stainless steel trough, various sizes of metal spatulas ranging from one to twelve inches and a bag of powdered Sheetrock Joint Compound.
If a ship is positioned where a rogue trough occurs, the ship falls in and is gone without a trace.
We've recently been riding quite a wave: The last trough in the credit cycle occurred during the first quarter of 2002, when defaults of bonds and loans peaked.