consumer discretionary Definition

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consumer discretionary

Definition

A category of industries, made up of companies which deal with products or services that are not necessities. The degree of spending and amount of consumption of these products and services varies depending upon the individual. These industries include automobiles, high-end clothing, restaurants, hotels, and luxury goods.

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consumer discretionary is in the Economy subject.

Related terms

consumer staples

consumer discretionary appears in the definitions of these other terms on BusinessDictionary.com

income effect

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