Upturn


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Upturn

(1) A period of growth or rising economic activity, especially real GDP, but typically employment as well. (2) The transition of an economy from contraction to growth, also known as a trough of economic activity.
References in periodicals archive ?
Industrial production rose considerably in February, partly reflecting an upturn in motor vehicle assemblies, but was little changed on balance over the first two months of the year.
To make their properties more competitive in a lower demand market, as well as in anticipation of an eventual economic upturn, owners throughout the city began capital improvement programs to their properties in 2002.
Seventy-three percent say the upturn will continue.
Although an expected upturn in general business activity had not materialized thus far, many members sensed some improvement in business attitudes.
Chief medical officer for England Sir Liam Donaldson said the data suggested an upturn was on the way.
3bn into the Welsh economy last year, describing this as "an upturn in the fortunes of the Welsh tourism economy".
The upturn in US military spending following the Iraq invasion has helped shipbuilder and support services firm VT Group post a 13 per cent pre-tax profit.
The economy appears to be entering a sustained upturn, with UK business output expectations at their highest for more than a year, the BDO Business Trends Report said.
Despite the decline, seasonally adjusted data shows the closing months of 2001 to have been encouraging with an upturn in start-up activity evident, says the survey.
Marconi chief Mike Parton, former boss of the Liverpool site, said that although he was not anticipating an upturn in the market in 2002, he was confident the firm would weather this difficult period.
Prices of 10-year Japanese government bond futures turned downward Tuesday due mainly to an upturn in Tokyo share prices.
The dynamic random access memory (DRAM) industry looks set for an upturn in 1999, according to various industry and analyst reports.