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 classic literature ?
The man that the whole force has been seeking in vain--Colonel Sebastian Moran, who shot the Honourable Ronald Adair with an expanding bullet from an air-gun through the open window of the second-floor front of No.
The proposed half-hour of the walk had passed away, and was fast expanding to half an hour more, before Lord Montbarry could persuade his companion to remember that dinner was waiting for them.
The turbit has a very short and conical beak, with a line of reversed feathers down the breast; and it has the habit of continually expanding slightly the upper part of the oesophagus.
I never met with such tame ostriches in any other part of the country: it was easy to gallop up within a short distance of them; but then, expanding their wings, they made all sail right before the wind, and soon left the horse astern.
Expanding throughout on Wace's version, Laghamon adds some minor features; but English was not yet ready to take a place beside French and Latin with the reading class, and the poem exercised no influence on the development of the Arthurian story or on English literature.
In this part of the world the more you are pleased to see a person the less is he pleased to see you; whereas, if you are disagreeable, he will grow pleasant visibly, his countenance expanding into wider amiability the more your own is stiff and sour.
Leisurely and with something of an air I strolled along with my heart expanding at the thought that I was a citizen of great Gotham, a sharer in its magnificence and pleasures, a partaker in its glory and prestige.
Vast in bulk and stature, with a long white face, which, broadened at the base by a big double chin, appeared egg-shaped in the fringe of thin greyish whisker, the great personage seemed an expanding man.
We can't put up with the innocence of nasty little children," said the great and expanded personage, expanding a little more, as it were.
The grant program focuses on developing and expanding of permanent collection and processing plants that handle end-of-life computers and other electronics.