A group of stocks whose performance depends on the business cycle. Consumers cyclical are often luxurious goods as people spend more of these goods during periods of expansion and spend less during recession. An example is the stock for automobile companies, when consumer confidence in the economy is high, sales for automobiles are also increasing, however, during economic downturns, consumer delay their automobile purchases, thus sales for automobiles also suffer.
Related information about consumer cyclical:
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Sep 26, 2012 ... From Yahoo! Finance: Macro and cyclical headwinds are prevalent, but with consumers still spending and firms cautiously allocating capital, ...
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- BWCCYS Quote - Bloomberg World Consumer Cyclical Index ...
Index performance for Bloomberg World Consumer Cyclical Index (BWCCYS) including value, chart, profile & other market data.