Procyclical
adj
adj ·Rare ·Advanced level
Definitions
Adjective
- 1 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.
Example
More examples"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."
Etymology
From pro- + cyclical.