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up-phase

American  
[uhp-feyz] / ˈʌpˌfeɪz /

noun

  1. a period when the economy is strong and business profits are high or increasing.

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.