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 ?
As a result, strategic resource management during an upturn in the economy is essential.
Taking advantage of an upturn to strategically assess your agency's capacity to increase existing service levels and/or add new services can help create the consistency we seek in terms of service delivery, and it makes for a more financially sustainable and resilient organization.
The current construction recovery has already shown a subdued and extended quality - after bottoming out in 1991, the upturn witnessed moderate gains during its first three years, climbing 9 percent in 1992, 7 percent in 1993, and an estimated 7 percent in 1994.
This news release contains forward-looking statements that include statements regarding the companies' respective focus, commitments and goals in the future, their continued success in their markets and success in upturns and downturns, and their expected financial and operating results for the fourth quarter of 2002.