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Consumer Staples |
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Consumer Staples Companies, industries, and products that are used for personal and household purposes. Consumer staples include food, alcohol, tobacco, medicine, clothing, and so forth. Companies that sell consumer staples have a reputation of resistance to economic downturn, but this is not always the case. In any event, they are often sold long-term investments. Consumer Staples What Does Consumer Staples Mean? A category of companies that manufacture and sell food and beverages, tobacco, prescription drugs, and household products; generally they are goods and services that people buy regardless of economic conditions. Investopedia explains Consumer Staples Consumer staple companies produce products that people purchase in good and bad economic times. Examples are soaps, healthcare products, food, and some types of clothing. Consumer staple products are the opposite of consumer discretionary products, which are items purchased at the discretion of the consumer, such as luxury goods. Related Terms: Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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