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This strange idiom refers to a temporary upswing of a stock that has fallen rapidly.
One reasonable interpretation of the data is that the world has been cooling since around 4500 B.C. with a temporary upswing during the High Middle Ages.
Hence a modern economist most likely would have identified the price rise in 1936 and 1937 as a temporary upswing in commodity prices that did not signal a significant increase in overall inflation.Well, maybe, maybe not.
But as Mr Coulton points out, it is not clear how much of this increase was structural (the product of enduring improvements in tax collection) and how much cyclical (the result of a temporary upswing in the economy).The other variable is the depth of the recession.
Although the reactions to the crisis led to a temporary upswing in revenues (see Fig. 2), any positive outcome of these efforts collapsed down when consumers' financial scope was reduced by the abolition of funeral allowances in 2004.
Similar(55)
Ms. Denham cited a gain of 2,600 jobs at employment agencies as "a sign that the economy is truly on the upswing" because those temporary positions often lead to permanent jobs later.
Hetal Mehta, at the Ernst & Young Item Club, said: "There are signs that the recent vigorous upswing, supported by a temporary stocks-related boost, is already fading.
David Sacarny, the owner of Everest Estate Homes, builders in Bronxville, said the market for brand new luxury homes also experienced an upswing in January after a temporary downturn in the last quarter of 2002.
There is talk of extending the minimum wage and of tightening the regulation of temporary work, which accounts for much recent job creation.The upswing has increased the government's revenues and so the temptation to spend.
That means, among other things, finding clever ways to retain their best staff (allowing temporary sabbaticals on reduced pay, for example) until the next upswing.
It's on the upswing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com