Editing Economic indicator (section)

==By direction==
There are also three terms that describe an economic indicator's ''direction'' relative to the direction of the general economy:
[[File:Goodwin2 fredgraph.png|thumb|250px|The [[wage share]] (arguably) as countercyclical, but also as a lagging indicator with respect to the [[employment rate]] as procyclical indicator in the US]]
;[[Procyclical and countercyclical|Procyclical]] indicators: move in the same direction as the general economy: they increase when the economy is doing well; decrease when it is doing badly. [[Gross domestic product]] (GDP) is a procyclic indicator.
;[[Procyclical and countercyclical|Countercyclical]] indicators: move in the opposite direction to the general economy. The [[unemployment rate]] and the [[wage share]] are countercyclic: in the short run they rise when the economy is deteriorating.
;[[wikt:acyclical|Acyclic]]al indicators: are those with little or no correlation to the business cycle: they may rise or fall when the general economy is doing well, and may rise or fall when it is not doing well.<ref>About.com, [http://economics.about.com/cs/businesscycles/a/economic_ind.htm A Beginner's Guide to Economic Indicators] {{Webarchive|url=https://web.archive.org/web/20090831095018/http://economics.about.com/cs/businesscycles/a/economic_ind.htm |date=2009-08-31 }}, retrieved November 2009. This was the source of "procyclic", "acyclic", etc., as well as confirmation of "leading", "lagging", etc., and the source of some of the examples.</ref>