As the economy improves and consumers begin to spend again, investors can capitalize on the growth through consumer discretionary exchange traded funds.

Consumer stocks have benefited from stronger household finances, rising employment and slowly expanding wages. Additionally, the plunge in energy prices, along with lower price tags at the gas pumps, have helped kept more money in consumers’ wallets.

“We’re basically at full employment,” San Francisco Federal Reserve President John Williams told CNN Money. “That’s very good news.”

The U.S. has been adding about 200,000 new jobs each month for the past two years, a rapid pace not seen since the boom days of late 1990s, and we are now at an unemployment rate of just 5%.

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