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.

Use this term in a sentence

You should try to keep a good consumer discretionary fund account so that you are always prepared for anything that may come.

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They knew their profit margins would need to be high since they were in the consumer discretionary market and the demand would fluctuate.

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My hedge fund manager sold off all of his shares in companies that are in the consumer discretionary sector because he sees a major economic pullback coming.

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