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boom
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boom

In economics, a period in the trade cycle when the economy is expanding and aggregate demand (total demand for goods and services) is rising quickly. It is characterized by falling or low unemployment but rising inflation.



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Still, insurers said price spikes have occurred during other construction boomlets.
Here, Fuller summaries the major shifts between four generations spanning the Depression/war years, the Baby Boomers, Generation X and `the current generation of Click & Go'--a phrase Fuller coins to describe the `baby boomlets who were born with a mouse in their hands'.
In many areas, free and unfettered trade activities, ranging from basic economic thresholds to boomlets, are flourishing--a result of the ability of local communities to reach consensus on important sociopolitical matters.
 
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