{"id":29050,"date":"2020-06-17T22:16:04","date_gmt":"2020-06-18T03:16:04","guid":{"rendered":"http:\/\/huewhite.com\/umb\/?p=29050"},"modified":"2020-06-17T22:16:04","modified_gmt":"2020-06-18T03:16:04","slug":"word-of-the-day-569","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2020\/06\/17\/word-of-the-day-569\/","title":{"rendered":"Word Of The Day"},"content":{"rendered":"<p><em>Procyclical<\/em>:<\/p>\n<blockquote><p>Procyclic describes a state where behavior and actions of a measurable product or service move in tandem with the cyclical condition of the economy. <em>[<a href=\"https:\/\/www.investopedia.com\/terms\/p\/procyclical.asp\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Investopedia<\/strong><\/a>]<\/em><\/p><\/blockquote>\n<p>Noted in &#8220;<a href=\"https:\/\/www.washingtonpost.com\/business\/2020\/06\/17\/covid-baby-bust-could-lead-half-million-fewer-births-next-year\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>\u2018Covid baby bust\u2019 could lead to half a million fewer births next year<\/em><\/a>,&#8221; Christopher Ingraham, <strong><em>WaPo<\/em><\/strong>:<\/p>\n<blockquote><p>The reason? Children are expensive, and having a child is in many ways a financial decision. The loss of a job or otherwise uncertain prospects for a steady income lead many would-be parents to postpone having kids until things are more settled. In economic jargon, birthrates are \u201cprocyclical\u201d \u2014 they tend to rise during times of economic growth and fall during recessions.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Procyclical: Procyclic describes a state where behavior and actions of a measurable product or service move in tandem with the cyclical condition of the economy. [Investopedia] Noted in &#8220;\u2018Covid baby bust\u2019 could lead to half a million fewer births next year,&#8221; Christopher Ingraham, WaPo: The reason? Children are expensive, and \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2020\/06\/17\/word-of-the-day-569\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29050","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/29050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=29050"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/29050\/revisions"}],"predecessor-version":[{"id":29051,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/29050\/revisions\/29051"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=29050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=29050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=29050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}