In an expansionary phase, demand for goods and services often outpaces supply, leading to price increases, higher GDP growth, and rising inflation.

Authors

• Person: Not available Organization: PIMCO
  Learning the Significance of Key Economic Indicators - PIMCO

Sources

• Learning the Significance of Key Economic Indicators - PIMCO www.pimco.com PIMCO via serper

Referenced by nodes (3)

• inflation concept
• gross domestic product (GDP) growth concept
• demand concept