This page provides charts showing the properties of major business cycle indicators. Peaks and troughs of the business cycle are shown in the charts: they suggest the to the direction of the indicator relative to the business cycle (procyclical, counter-cyclical, acyclical) and the timing of the indicator (coincident, lagging or leading indicator).
    In the figure a blue (up) triangle represents a Peak of the business cycle while a red (down) triangle represents a Trough of the business cycle.
    Industrial production is pro-cyclical and coincident; both consumption and investement are pro-cyclical with investment more sensitive than consumption to the business cycle, as durable goods are a larger fraction of investment than of consumption; capacity utilization is procyclcial; employment is procyclical and coincident; the unemployment rate is countercyclical; the inflation rate is pro-cyclical and lags the business cycle (it tends to build up during an expansion and fall after the cyclical peak); the short-term nominal interest rate is procyclical and lagging; corporate profits are very pro-cyclical as they tend to increase during booms and strongly fall during recessions.

WEB Source of tables: Business Cycle Indicators.