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 periodicals archive ?
Once a public official has knowledge of a proposed business expansion, there is a high probability that the news will break publicly.
A strategic plan was also encouraged to be drafted every year, so that these business operators will be monitored if they are indeed on their path towards business expansions."
"Agfa's new five-year lease features flexible lease terms and square footage, while the sale provides proceeds for capital expenses needed for future business expansions."
However, amid the sector's optimistic outlook, a higher proportion (63 percent) will invest in business expansions compared to 51 percent in Q3, 2014.

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