boom-and-bust

[ boom-uh n-buhst ]
/ ˈbum ənˈbʌst /
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adjective

characteristic of a period of economic prosperity followed by a depression.

Origin of boom-and-bust

First recorded in 1940–45
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

Examples from the Web for boom-and-bust

  • Barely 20 years ago, Brazil was a drowsy, underperfoming Third World nation, plagued by hyperinflation and boom-and-bust growth.

    Dilma Thumps for Women|Mac Margolis|September 21, 2011|DAILY BEAST