browser Warning Icon You are using an older version of Internet Explorer. You are viewing this site with limited functionalities.
Sector Primer Series: Consumer Staples How does the Consumer Staples sector affect the S&P 500?
BY Louis Bellucci

The Global Industry Classification Standard® (GICS®) assigns companies to business classifications, such as the Consumer Staples sector, according to their principal business activities. The sector is the first level of the four-tiered, hierarchical industry classification system that includes 11 sectors, 24 industry groups, 69 industries, and 158 sub-industries. The GICS assignment system uses quantitative and qualitative factors, including revenues, earnings, and market perception. GICS was developed in 1999 and is jointly managed by S&P Dow Jones Indices and MSCI.

The Consumer Staples sector comprises companies primarily engaged in:

•   Food and staples retailing and distribution, such as owners and operators of hypermarkets, super centers, and pharmacies;

•  Producing food, beverage, and tobacco products; and

•  Manufacturing household and personal products, such as detergents, soaps, diapers, cosmetics, and perfumes.

Download Full Article (421K)

Sign up for email updates

Get our latest insight on the markets.

Thank you for subscribing!