durable good


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Related to durable good: consumer durables

Durable Merchandise

Consumer products designed and intended to last longer than three years. Some examples of durable merchandise, such as cars, are expensive, while others, such as forks and knives, are not. Companies that produce durable merchandise can be volatile, as their profits fluctuate according to how often their customers need more of their products. Durable merchandise is also called consumer durables or durable goods.

durable good

a CONSUMER GOOD, such as a motor car, and CAPITAL GOOD, such as a machine, that is used up over relatively long periods of time rather than immediately.

Contrast NONDURABLE GOOD.

References in periodicals archive ?
This article focuses on consumer spending on durable goods. It finds that the effect of interest rates on this category of spending has weakened in the current recovery.
This potential time consistency problem is not apparent in the standard durable good monopoly models [for example, Bulow 1982] under pure renting since the only intertemporal linkage found in these models is in the monopolist's profit maximization problem.
The new durable good D is traded in the primary market, while the used goods U are traded in the Second Hand Market (SHM).
The output of durable goods industries moved up 0.2 percent, with the production of transportation equipment advancing 0.9 percent.
The output of durable goods advanced 0.4 percent; gains in the production of equipment parts, particularly semiconductors, more than offset decreases in the production of parts for consumer durables, mainly for motor vehicles.
As in the past few months, much of the strength in manufacturing reflects the increased output of durable goods; the production of nondurables remains little changed from the end of last year.
When analyzed by industry group, the data show that factory output increased 0.8 percent after a revised 0.2 percent loss in October; the production of durable goods increased 1.2 percent, while that of nondurable goods rose 0.3 percent.
The production of durable goods materials fell 1.0 percent, largely because of a drop in parts and materials used primarily by the motor vehicle industry.
Meanwhile, on a quarterly average basis, growth in industrial production slowed from an annual rate of 6.7 percent in the second quarter to 4.4 percent in the third quarter, with the slowdown evident in most major market groups except nondurable consumer goods and durable goods materials.
The drop in the output of durable consumer goods reflected decreases in the output both of automotive products and of other durable goods. Motor vehicle assemblies fell 0.7 million units from their July level, to 12.6 million units (annual rate).
Excluding do 3 percent gain in utilities production, the index of industrial production rose 0.5 percent, led by sizable gains in business equipment and durable goods materials.
Despite an increase in the production of appliances, the output of consumer durable goods other than automotive products decreased 0.5 percent, with weakness in furniture and miscellaneous consumer goods.

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