Meaning of “boomlet” in the English Dictionary

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"boomlet" in Business English

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boomletnoun [ C ]

uk /ˈbuːmlət/ us

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)