Market sector

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Productivity in the market sector of the Australian system of national accounts

The term market sector is used in economics and finance to describe a part of the economy. It is usually a broader term than industry, which is a set of businesses that are buying and selling such similar goods and services that they are in direct competition with each other.[1] Analysts divide the stock market itself into market sectors so that shares of companies that are in direct competition are listed alongside each other.[citation needed]

In the bond market it refers to the division of the market by the type of issuer (e.g. government, state, corporate, or utility).[citation needed]

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References[edit]

  1. ^ "Fidelity Learning Center: What are sectors and industries? A guide to frequently asked questions". Fidelity Investments.