A contraction is the phase of the business cycle when the economy declines, often with falling real GDP and rising unemployment, moving from peak toward trough (expansion, peak, contraction, trough).
Add Yahoo as a preferred source to see more of our stories on Google. Non-labor contractions are easy to mistake for actual labor pains. "Braxton Hicks" contractions happen when the womb contracts and ...
Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. Photo by Fanatic Studio/Getty Images Economic ...
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