Stocks of companies that make consumables are considered to be relative safe harbors for equity investors when the economy shows signs of weakness. The reasoning is simple: people will always need to purchase groceries, clothes and gas no matter what is going on in the broad economy.
Many of the items measured in the basket of goods used to calculate the Consumer Price Index (CPI) are consumables; inflation in these items is closely watched because it can lower the discretionary income people have to spend on items such as cars, vacations and entertainment.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
consumables — UK US /kənˈsjuːməbl̩z/ US / suː / noun [plural] COMMERCE ► goods that people buy regularly because they are quickly used and need to be replaced often: »It is now the leading supplier of non food consumables to hotels and caterers. »computer… … Financial and business terms
consumables — articles of consumption, 1802, from CONSUMABLE (Cf. consumable) … Etymology dictionary
Consumables — Not to be confused with consumer goods. A consumable is, according to the 1913 edition of Webster s Dictionary, something that is capable of being consumed; that may be destroyed, dissipated, wasted, or spent. John Locke specifies these as… … Wikipedia
consumables — con|sum|a|bles [kənˈsju:məbəlz US ˈsu:m ] n [plural] goods that are intended to be used and then replaced ▪ consumables such as printer ribbons and disks … Dictionary of contemporary English
consumables — n. goods that may be used up; food or services which people buy regularly because they need to be replaced quite often … English contemporary dictionary
Controlled Ecological Life Support System — Controlled (or Closed) Ecological Life Support Systems (acronym CELSS) are a type of scientific endeavor to create a self supporting life support system for space stations and colonies typically through controlled closed ecological systems, such… … Wikipedia
Flight controller — Flight controllers are personnel who aid in the operations of a space flight, working in Mission Control Centers such as NASA s Mission Control Center, or ESA s Operations Center. Flight controllers sit at computer consoles and use telemetry to… … Wikipedia
Ultralight backpacking — is an advancedcitation|title=Lightweight Backpacking and Camping|author1=George Cole|author2=Ryan Jordan|author3=Alan Dixon|isbn=0974818828|date=2006] Please see the legal disclaimer in Jordan, Lightweight Backpacking and Camping , page v: not… … Wikipedia
Stability conditions (watercraft) — is the term used to describe the various standard loading configurations to which a ship, boat, or offshore platform may be subjected. They are recognized by classification societies such as Lloyd s Register, American Bureau of Shipping (ABS) and … Wikipedia
Laser printer — HP LaserJet 4200 series printer, installed atop high capacity paper feeder … Wikipedia