Consumer Discretionary

The Consumer Discretionary Sector encompasses those industries that tend to be the most sensitive to economic cycles. Its manufacturing segment includes automotive, household durable goods, textiles & apparel and leisure equipment. The services segment includes hotels, restaurants and other leisure facilities, media production and services, and consumer retailing and services.

Reasons to Invest in the Consumer Discretionary Sector

  • Sector performance generally tied to the health of the overall economy
  • Part of a sector rotation strategy (i.e., early part of the economic cycle)
  • Potential exposure to a secular investing theme, such as growth in high-end brands

Investment Tools

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