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The phrase "recent growth" is correct and commonly used in written English.
It is often used to describe a recent increase or expansion in something. Example: The company's financial report shows a significant amount of recent growth in sales, thanks to their new marketing strategy. Note: The placement of "recent growth" in a sentence may vary depending on the context, but it is typically used as a noun phrase and can be used at the beginning, middle, or end of a sentence.
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Recent growth is largely attributable to immigration.
Theme cruises may have helped the cruise industry's recent growth.
Recent growth has led to some conflict, however.
Most of HSBC's recent growth, though, has come from acquisitions.
Two factors are behind the recent growth, Mr. Hoffman said.
Indeed, recent growth has actually outpaced their expectations.
Recent growth, though, has been shadowed by quality problems.
America's robust housing market has also continued its recent growth.
AIM's recent growth has made other exchanges take note.
Worse still, China's recent growth has become increasingly inefficient.
That reflects hockey's recent growth spurt among young Americans.
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CEO of Professional Science Editing for Scientists @ prosciediting.com