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 ?
The incidence of unintended extension was significantly higher in the group who had transversal expansion than in the group who had cephalocaudad expansion (30 vs.
The tests revealed that finer sands had lower expansion, which had a positive effect on the number and severity of veining defects.
Those observations boost scientists' confidence that the explosions can be used to study cosmic expansion, says Riess.
In mid-May, the facility was weeks away from starting a much-needed terminal expansion, which will include a two-story addition of meeting rooms, a public observation deck and more office space for tenants.
Before Panamanians vote on a referendum, the PCA wants the public to be fully aware of what expansion entails, with no room for surprises.
* Technology has been a particularly important force in the recent years of global expansion. In effect, an Internet site can be a global business.
The International Franchise Association's Franchise Relations Committee authored "The Network Expansion Conflict Handbook," which explores the issue of network expansion conflict and the approaches that franchise networks have taken to resolve such conflict.
The hardware expansion slot, meanwhile, allows for upgrades over time.
Encouraged by these results, the Market Expansion Task Force continues to fine-tune its strategy for 2005, revising successful 2004 campaign elements while introducing new projects and strategic partners.
In addition these servers are typically offered with PCI-X expansion slots capable of supporting 66, 100 or 133 MHz bus speeds.
The conjecture is that the current short-term expansionary cycle in Japan's economy is partially related to concerns about a slowing in the US and China (or worse, a hard landing for China) and to historical data on Japan's postwar expansions. If the conjecture is also that the current economic expansion in Japan is of average length, the current expansion is indeed about to peak.
Two recent revenue rulings on the expansion exception to the Sec.