countercyclical
adjEtymology From counter- + cyclical.
1
Dampening the cyclical fluctuations due to the business cycle in an economy.
2
Economics, Sciences Moving in the direction opposite to that of the overall state of an economy.
- The unemployment rate is countercyclical in the sense that it rises when economic growth is low and vice versa.
- Antonyms
- procyclical
- Derived terms
- countercyclically
- Related terms
- contracyclical, acyclical, countercyclicality