A countercyclical economic indicator is a time series, per se or in conjunction with another time series, that moves simultaneously with and in the opposite direction of the up and down movements related to the economy as a whole or to a part of it.
A countercyclical economic indicator is a time series, per se or in conjunction with another time series, that moves simultaneously with and in the opposite direction of the up and down movements related to the economy as a whole or to a part of it.