INVESTING | Consumer Discretionary Sector
A Sector is a broad selection of companies with similar characteristics. An Industry is a subset of Sectors where companies are grouped in more specifically than Sectors.
Investors can use Sectors and Industries to efficiently classify and compare companies. Comparing companies with shared Sector and Industry allows an investor to identify relative strengths and weaknesses. Comparing companies across different Sectors and Industries can help identify relationships and trends.
The Consumer Discretionary Sector consists of businesses that produce goods and services where demand changes based on price changes and economic conditions. The Consumer
Discretionary Sector includes the following eleven Industries:
Automobile Components Industry
Diversified Consumer Services Industry
Hotels, Restaurants & Leisure Industry
Household Durables Industry
Leisure Products Industry
Multiline Retail Industry
Specialty Retail Industry
Textile, Apparel & Luxury Goods Industry
Internet & Direct Marketing
The total value of the Consumer Staples Sector in the United States is approximately $4.5 trillion.
Consumer Staples include companies like Ford, Nordstrom, and McDonalds.