Consumer discretionary goods and services

Consumer discretionary is a term for classifying goods and services that are considered non-essential by consumers, but desirable if their available income is sufficient to purchase them. Examples…

Consumer discretionary is a term for goods and services that are non-essential products. For example, rice and wheat would be considered essential items. Meanwhile, cars and streaming services are non-essential …

Consumer Discretionary – Meaning, Sectors, Stocks, ETFs

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Consumer discretionary refers to goods and services mostly acquired using discretionary income as they are optional in people’s lives such as designer clothes or luxury cars. Unlike food and medicines, discretionary products or …

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What are consumer discretionary goods?

Overview: Consumer Discretionary Type Goods Definition (1) A category of products and services that … Definition (2) Consumer goods that are sensitive to the … Also Known As Consumer Cyclical 1 more rows …

What is the difference between consumer discretionary and consumer staples?

A distinction is made between consumer discretionary, also referred to as consumer cyclical, and consumer staples, which consumers consider to be essential products they need regardless of their financial condition or the state of the economy.

How are firms that sell consumer discretionary products exposed to business cycle?

Firms that sell consumer discretionary are particularly exposed to the business cycle as their revenue can fall during a recession and surge during an economic expansion. The following are illustrative examples of consumer discretionary goods.

What are examples of consumer discretionary stocks?

New cars, restaurant meals and luxury clothes are all examples of discretionary products. During an economic contraction, people cut back on non-essential items. This is because they do not have enough disposable income to afford these products. What Are Consumer Discretionary Stocks?

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Understanding Consumer Discretionary Video Answer

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