Expansion

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Expansion

Phase of the business cycle as it climbs from a trough toward a peak.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
At each stage of group analysis, the research team members were encouraged to critique, agree or disagree, or expand on the developing categories of resources and barriers to career learning, particularly possible discrimination influences on career learning.
Historically, states asked for these federal waivers to design state-specific programs to expand coverage for the uninsured.
Fortunately, the new law in effect expands the Court's narrow interpretation by providing additional specific criteria that will permit more taxpayers to meet the principal place of business definition.
Prior to these recent developments, taxpayers often took tax return positions that investigatory and start-up costs were incurred to expand an existing business.
Thus, the rehabilitation counselor is forced to horizontally expand his or her contact with employers and organizations.
Melnick, like others before him, traces the successful courtroom strategy used by the Legal Services Corporation to expand the procedural and substantive rights of welfare recipients.
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Summary: Expand Networks www.expand.com, the leader in optimizing WANs for branch office consolidation and virtualization, today announced XLHealth, owner of one of the largest Medicare chronic condition Special Needs Plans and a leader in improving the quality of care for seniors with chronic illness, has deployed Expand Networks WAN Optimization technology to optimize the delivery of Microsoft Terminal Services and bring users into virtual proximity of application and datacenter services.
For Rubber World to continue its role as the leading international technical publication for the rubber industry in an ever increasing and competitive marketplace, we must expand our readership beyond the traditional subscription based audience.
What it wants to do is expand the core of the campus to other buildings and land throughout the city.