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expansionary
[ ik-span-shuh-ner-ee ]
Word History and Origins
Origin of expansionary1
Example Sentences
Analysts’ forecasts had put the manufacturing PMI at just above 50, or still in expansionary territory after the economy grew at a quicker than forecast annual pace of 5.3% in the first quarter of the year.
“The US inflation hump was comparatively driven more by excess demand than European inflation, created by the vastly expansionary US fiscal policy,” he wrote in an email.
Congress is close to cutting off military aid to Ukraine, many Europeans are discussing the possibility of building their own independent defense force to deter and, if necessary, stave off an expansionary Russia.
Despite a slump in the housing market brought about by a crackdown on excess borrowing by property developers, the construction industry is thriving: the sub-index for that sector climbed to 56.9 in December, well into expansionary territory, from 55 in November, the report said.
"We need to adopt expansionary fiscal and monetary policy to stimulate aggregate demand," Yu Yongding, a government economist who advocates for a growth target of roughly 5%, told Reuters.
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