Market sector

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]}

See also[]

• Economic sector
• Global Industry Classification Standard (GICS)
• Industry Classification Benchmark (ICB)
• Market segment
• S&P 500 Index
• Thomson Reuters Business Classification (TRBC)

References[]

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