Business CapitalBusiness capital is property that generates long term value for a business. Businesses often cut back on capital spending in response to a recession or industry downturn. For example, an airline that stops replacing older aircraft during a recession.
TravelBoth businesses and consumers can quickly cut back on nonessential travel.
EntertainmentEntertaining experiences and media.
LeisureEnjoyable activities and hobbies.
ServicesBusiness and consumer services.
|Overview: Discretionary Expenses|
Business and consumer spending that can be easily cancelled or deferred.