14) This approximate growth rate was obtained by weighting the quarterly growth in real spending for each durable good
by its nominal share in total durable goods
spending in the previous quarter.
This indicates that non-durable good
manufacturers may face the same type of time consistency or commitment problem (with buyers) as durable good
The new durable good
D is traded in the primary market, while the used goods U are traded in the Second Hand Market (SHM).
Purchases of durable goods
and investment in capital equipment declined in the fourth quarter.
Michael Biddle, CEO and president of MBA Polymers, says, "Major multinational manufacturers of durable goods
are now working with MBA to recycle the plastics from their end-of-life products, and to provide them with recycled plastics for their new products.
If you have a slant it's toward durables, and that is good news because durable goods
jobs pay more and have more benefits and what have you,'' said Jack Kyser, chief economist for the nonprofit corporation.
Among other durable goods
, a gain in the production of household appliances reversed a small portion of the sizable decline in July, but the output of carpeting and furniture and of miscellaneous durable goods
A second straight decline in factory orders for durable goods
in December helped trim the 1996 gain to the smallest in three years and further eased fears of an overheating economy.
The government said durable goods
orders, a measure.
The output of durable goods
materials, which had edged downward in August, increased 0.