2006-08-13 17:21:10 · 5 answers · asked by Nic 1 in Social Science ➔ Economics
A market sector where the consumer's choice dictate the goods or products. Unlike the fashion sector where the goods dictate what the consumers buy.
2006-08-13 17:31:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Basically this sector is made up of non-essentials which you would buy when times are good, but think about twice when times are bad.
This sector is therefore highly cyclical in nature. Some industries would be home appliances, car manufacturers, hotels, restaurants...
In fact many analyses of the S&P 500 break down the stocks into different categories, including 'Customer Discretion Sector'.
2006-08-13 20:47:09 · answer #2 · answered by ekonomix 5 · 0⤊ 0⤋
Stuff that consumers would buy (ie not machines, etc.) that are not basic necessities.
Entertainment and so on. I'm not sure who uses that term though. I cannot find it any official publications.
2006-08-13 17:56:05 · answer #3 · answered by MikeD 3 · 0⤊ 0⤋
Don't Know
2006-08-13 17:40:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
that doesn't exist in India?
2006-08-13 17:26:38 · answer #5 · answered by Anonymous · 0⤊ 0⤋