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English definition of “boomlet”

boomlet

noun [C]
 
 
/ˈbuːmlət/
ECONOMICS a short period of increased activity, interest, or growth in the economy or a part of the economy: By itself, an economic boomlet says little about the long-term health of a country. Construction created a job boomlet. a retail/sales/housing boomlet
(Definition of boomlet from the Cambridge Business English Dictionary © Cambridge University Press)
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