The Global Industry Classification Standard used by Morgan Stanley defines the consumer discretionary sector and industry that includes those businesses that tend to be the most sensitive to economic cycles.
Its manufacturing segment includes automotive, household durable goods, leisure equipment, and textiles & apparel. The services segment includes hotels, restaurants, and other leisure facilities, media production and services, and consumer retailing and services.
Using CrowdPoint’s next-generation Blockchain all members of the ecosystem benefit from the transparency, speed, and immutable transactions associated with automobiles, and components, consumer durables, apparel, consumer services, and retailing.
Learn more by visiting us at the Consumer Discretionary Exchange, or by downloading the Consumer Discretionary Sector White Paper via the form below.