Contraction(redirected from eccentric contraction)
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Related to eccentric contraction: Isotonic 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.