WebFeb 11, 2024 · A dynamic sector of the market that relies on a good economy. The consumer discretionary sector is chock full of luxury. These non-essential goods, products and services carry popular designer names like Michael Kors and Ferrari, and also include restaurants, coffee shops and golf courses. Consumer discretionary stocks … Webdiscretion: [noun] individual choice or judgment. power of free decision or latitude of choice within certain legal bounds.

Common Budgetary Terms Explained Congressional Budget Office

WebJun 16, 2024 · 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 … WebFeb 8, 2024 · Discretionary income is the amount of income that is left for an individual, household, or business after paying the necessary or essential expenses. Necessary expenses are expenses that are required either by law or are needed for survival. Discretionary income can be spent on non-essential goods and services, vacations, … nurseteaching regarding dvt

Discretion Definition & Meaning - Merriam-Webster

WebJan 26, 2024 · A discretionary expense is a non-essential expense that is incurred by an individual, household, or business. Another way to think of discretionary expenses is to … WebDiscretionary products are any goods that are not necessary and thus not required to enjoy basic living conditions. In contrast, those products that are necessities of life such … WebDetailed information about discretionary income--how much money is available after day-to-day needs are met--is important for understanding how consumers spend their … nitrogen cycle fish tank diagram