Consumer Staples includes things like foods and beverages, household goods, and hygiene products as well as alcohol and tobacco. These goods are those products that people are unable—or unwilling—to cut out of their budgets regardless of their financial situation.

• Consumer staple stocks represent companies that are noncyclical because they produce or sell goods or services that are always in demand.
• Characterized by steady if unspectacular growth, the consumer staple sector is a haven in for investors in recessionary times.
• Consumer staples stocks can be a good option for investors seeking consistent growth, solid dividends, and low volatility.