Peak

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Peak

The high point at the end of an economic expansion until the start of a contraction.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Peak

1. The point of a security's or market's highest price for a given period of time. The term comes from charting, in which the x-axis represents time and the y-axis represents price. On a chart, the high point of a business cycle looks like the peak of a mountain. See also: Bottom.

2. In a period of economic expansion, the point of the highest GDP growth that immediately precedes the beginning of a contraction. In other words, it is the highest point in a business cycle. The term comes from charting, in which the x-axis represents time and the y-axis represents GDP growth. In this situation, the high point of a business cycle looks like the peak of a mountain. See also: Trough.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

peak

see BUSINESS CYCLE.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
The Peaky Blinders gang in the slums of Birmingham began in the early 1890s with a culture of robbing and pickpocketing men on the street, usually through beatings and stabbings.
"The reason the fans have fallen in love with Peaky Blinders is because of who the characters are, and what they do.
Peaky Blinders is a crime series set primarily in Birmingham and follows the exploits of the Shelby family.
Cardiff venue Depot recently launched its own Peaky Blinders nights, which were so popular more dates had to be added.
Cillian Murphy as Thomas Shelby in the Peaky Blinders TV series and, left, the Peaky Blinder bar
The four remaining Peaky Blinders nights at Depot will take place over the Easter weekend on, Saturday, March 31 and Sunday, April 1 with the last two taking place on Saturday, April 7 and April 14.
Tickets for Peaky Blinders Fest are PS15 (plus a booking fee) and are available from Skiddle.
"It would make a perfect fit as Peaky Blinders is set in the same era as the Albion."
It is not agreed where the name 'Peaky Blinders' originates, although it most likely relates to the gang's caps and 'blinder' or dapper appearance, rather than the practice of sewing razor blades into the peaks of their hats.
After the first series in 2014, which stars actor Cillian Murphy as gangster Thomas Shelby, the brewery launched a Peaky Blinder beer.
The first series of Peaky Blinders received critical acclaim and charted Tommy as he established himself as the bright and brutal leader of his family and mapped the Peaky Blinders' rise to the top of the Birmingham underworld.