Orders for durable goods-products expected to last more than three years, such as business machinery and major household appliances - are leading indicator because company orders respond to changes in demand Retail sales of durable goods to consumers are another leading indicator Because such purchases can be put off during bad times, any increase reflects a changing trend in consumer spending
Sturdy items, like furniture or appliances, that can be used for many years When people repair these products instead of buying new ones, they save money and reduce waste
Items with a normal life expectancy of three years or more Automobiles, furniture, household appliances, and mobile homes are examples Because of their nature, expenditures for durable goods are generally postponable Consequently, durable goods sales are the most volatile component of consumer expenditures
Durable goods or durables are goods such as televisions or cars which are expected to last a long time, and are bought infrequently. large things such as cars, televisions, and furniture, that you do not buy often British Equivalent: consumer durables
Manufactured items with a normal life expectancy of three years or more Automobiles, furniture, household appliances and mobile homes are examples Because of their nature, expenditures for durable goods and generally postponable, Consequently, durable goods sale are a more volatile component of consumer expenditures