Types of Sectors
Understandably, therefore, banking, finance, and accountancy firms have a lot of power, but in return they also have a whole lot of responsibility. Considering all this, careers in this sector can be extremely exciting, rewarding and satisfying, but at the same time they can be incredibly stressful and highly-pressurised.
The aerospace sector, one of the largest and most powerful industries in the United States, supplies five markets: military aircraft, missiles, space, commercial airliners and general aviation.
The agriculture, forestry, fishing and hunting sector is part of the natural resources and mining supersector. The Agriculture, Forestry, Fishing and Hunting sector comprises establishments primarily engaged in growing crops, raising animals, harvesting timber, and harvesting fish and other animals from a farm, ranch, or their natural habitats.
Management consultants help businesses improve their performance and grow by solving problems and finding new and better ways of doing things. It’s not just in the private sector either – many firms work with public sector organisations to help develop their services and, where necessary, reduce costs and make savings.
The voluntary sector currently employs 853,000 people in paid positions and contributes approximately £12.2billion to the UK economy. There are 167,000 charities in England and Wales but the majority (80%) of UK charities are based in England.
The chemical industry comprises the companies that produce industrial chemicals. Central to the modern world economy, it converts raw materials into more than 70,000 different products. The plastics industry contains some overlap, as most chemical companies produce plastic as well as other chemicals.
2018 technology industry trends In an age of digital disruption, technology companies face increasing pressure to improve time to market and ensure their offerings are best in class. “Buy, build, partner” models and M&A strategies can help companies gain a competitive edge in growth areas like cloud, cognitive computing, and data analytics.
The average earning for a professional in the construction industry in the Middle East, across all sectors, job types and levels of experience, is £42,090, compared to £26,719 in the UK.
Consumer discretionary is an economic sector that comprises items individuals may only purchase when they have excess cash, as opposed to necessities. Consumer discretionary is an economic sector that comprises items individuals may only purchase when they have excess cash, as opposed to necessities.
The consumer staples sector has outperformed all but one sector since 1962. For the 10 years ended March 2018, the consumer staples sector has returned 9.51% annually, beating the 8.79% return of the S&P 500 over the same period of time.
Creative Arts and Design People who work in this sector use their creative ideas to improve the appearance and function of almost everything we see and use in our daily lives. Designers work on products ranging from cars to clothes and home appliances, to magazines. They make sure that their designs are attractive, functional and, where possible, environmentally sustainable.
The arms industry, also known as the defense industry or the arms trade, is a global industry responsible for the manufacturing and sales of weapons and military technology. It consists of a commercial industry involved in the research and development, engineering, production, and servicing of military material, equipment, and facilities.
The energy sector is a large and all encompassing way to describe what is a complex and inter-related network of companies that are directly and indirectly involved in the production and distribution of energy needed to power the economy and facilitate the means of production and transportation.
Growth in the housing sector may trigger growth in the utilities sector as demand for electric power and water increases. Upside of Utilities Investments In addition to packing hefty dividends, stocks in the utilities sector tend to be reliable and slow but steady growers if held for the long term.
Industries that require suitably qualified engineering and manufacturing graduates include space, music, nuclear, biotechnology, pharmaceuticals, and automation and robotics. The food and drink industry is the UK's biggest manufacturing sector, employing more than 400,000 workers.
The Agriculture sectors comprise establishments primarily engaged in growing crops, raising animals, and harvesting fish and other animals. Find information on compliance, enforcement and guidance on EPA laws and regulations on the NAICS 111 & 112 sectors.
The financial sector is a category of the economy made up of firms that provide financial services to commercial and retail customers. This sector includes banks, investment funds, insurance companies and real estate.
What is the 'Healthcare Sector' The healthcare sector consists of companies that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients.
The industrial goods sector is a category of stocks that relates to producing goods used in construction and manufacturing. This sector includes companies involved with aerospace and defense, industrial machinery, tools, lumber production, construction, waste management, manufactured housing, cement and metal fabrication.
What is the 'Utilities Sector' The utilities sector is a category of stocks for utilities such as gas and power. The sector contains companies such as electric, gas and water firms, and integrated providers.
The main segments of the real estate sector are residential real estate, commercial real estate and industrial real estate. The residential sector focuses on the buying and selling of properties used as homes or for non-professional purposes. The commercial sector consists of real estate used for business purposes; common types include retail and office space. Industrial real estate is comprised of properties used for manufacturing and production: factories, plants, etc.
The technology sector is the category of stocks relating to the research, development and/or distribution of technologically based goods and services. This sector contains businesses revolving around the manufacturing of electronics, creation of software, computers or products and services relating to information technology.
The utilities sector is a category of stocks for utilities such as gas and power. The sector contains companies such as electric, gas and water firms, and integrated providers. Because utilities require significant infrastructure, these firms often carry large amounts of debt; with a high debt load, utilities companies become sensitive to changes in the interest rate.