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 ?
Tokyo, Japan, Oct 16, 2006 - (JCN) - JFE Steel Corporation and Metal One Corporation have been appointed as the sole suppliers of line pipe for the Dampier to Bunbury Pipeline Expansion Project (DBNGP) Stage 5A Expansion Project.
The Riverside-San Bernardino area experienced a modest increase in activity, with 38 major expansions in 2005 compared with 37 in 2004.
The HIFA guideline stipulates that states must adhere to "current-level Medicaid and SCHIP resources," while allowing broad expansions in those eligible.
Furthermore, say opponents, expansions come in the face of static demand.
Due to the expansions that already had occurred at the plant, straight-line product flow was not possible with an increase in capacity of the size required to meet the market demand.
Wildlife: Expansions of either trail systems or real estate development can fragment habitat vital to bears, mountain sheep and goats, elk, deer, mountain cats, moose, nesting songbirds, or other alpine or forest-dwelling wildlife.
Javits Convention Center, he has dramatically reduced the Center's once rampant corruption, cleansed it of organized crime, instituted a new system of hiring and helped engineer an ambitious new expansion program that could generate an additional $1 billion for the City.
The first question in your letter asked about recent growth in consumer credit and how it compares with past expansions.
Dimensional analysis of the expansion characteristics of cellular expanded (sponge) compositions can accurately quantify effects of ingredient changes such as polymers, fillers, plasticizers, blowing agents, activators and cure systems.
Multi-Million Dollar Expansion to Increase Capacity by 50% at Center that has Become a Principal Hub for the Region's Internet Businesses
Logistics companies posted the largest increase in expansions for 2003, while entertainment and technology companies were essentially unchanged.
Our past expansions have increased system capacity from 400 million cubic feet per day (MMcfd) to the current system capacity of 1.