Contraction

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Contraction

In a business cycle, the time between the peak and the bottom. That is, a contraction occurs between the end of economic growth and the end of the subsequent recession. Contractions are characterized by layoffs, a decline in GDP, and other negative factors. However, historically, contractions have tended not to last as long as expansions.
References in periodicals archive ?
Too many times patients will come into labor and delivery saying 'I was having Braxton Hicks contractions so I just stayed home,'" Dr.
And once they're swapping tips on Braxton Hicks contractions, nursery colour schemes and clucking, "you don't want to leave it too late.