procyclical
adjEtymology From pro- + cyclical.
1
Economics, Sciences Moving in the same direction as the overall state of an economy
- The employment rate is procyclical, when the economy is doing well more people are working, when it's not doing well, fewer people are working.
2
Magnifying the cyclical fluctuations of an economy.
- Antonyms
- countercyclical
- Derived terms
- procyclicality, procyclically
- Related terms
- acyclical