The phrase "last boom" refers to the most recent period of rapid economic growth and prosperity. It typically indicates a time when businesses are doing well, people have jobs, and the overall economy is thriving. Full definition
An editor in chief or publisher at Conde Nast in the last boom years for print media was like an exotic pet: They ate the best food, wore the most beautiful clothes, lived in designer palaces, all thanks to Si's largesse. (inc.com)
Business leaders and shareholders are still scarred by the memory of project over-runs, spiralling costs and frenzied drilling during the last boom, and the painful adjustments during the subsequent slump. (cnbc.com)
In the early stages of the last boom, between 2002 and 2006, the major companies were notoriously conservative about investment, worried the rise in prices would not prove sustainable. (cnbc.com)