A recovery or bull market is the inverse of a recession. This was seen in the bull market that began in 2009, signaling the end of the financial crisis and resulting in growth that saw the S& P 500 rise from 1,000 in June 2009 to 3,000 and rising in October 2019.
One positive effect of a recession is that it keeps inflation down. While inflation rises in the run-up to a recession, when the recession hits, lower demand for certain goods and services drives prices down again.

The opposite of a recession is an economic expansion or boom. During this phase, economic activity grows, marked by rising GDP, increased consumer spending, higher employment rates, and robust business investment.

Expansion typically follows a recession in the business cycle and reflects a period of optimism and confidence in the economy. Key indicators include improved corporate profits, rising stock markets, and higher production output. Central banks may monitor expansion periods to prevent overheating, which could lead to inflation.

While expansion is beneficial for employment and income, excessive or prolonged growth can result in economic imbalances. This highlights the importance of sustainable growth and strategic economic policies to maintain stability during these periods of prosperity.