durable good
Long-lasting consumer product
A durable good is a product designed to last through repeated use over an extended period—typically three years or more.
Cars, appliances, furniture, and electronics are durable goods, as opposed to consumables like food or paper towels that get used up quickly.
Economists track durable goods purchases as an indicator of consumer confidence, since these are major purchases people defer when times are tight.
Powered household device
- furnitureMovable room objects
- automobileSelf-propelled passenger conveyance
- electronicsStudy of circuits
- machineryCollective mechanical equipment
vehicle · refrigerator · washer · dryer · dishwasher · television · computer · lawnmower
Item of value owned
- depreciationAsset value reduction over time
- capitalWealth used for investment
- purchaseGoods obtained for payment
- financingProviding capital for purchases
resale · warranty · lease · installment · amortization · equity · valuation · ownership
Consistent, predictable performance
- sturdinessStrength and solidity
- robustnessResistance to failure
- resilienceCapacity to recover quickly
- qualityStandard or attribute
wear-resistant · long-lasting · well-built · heavy-duty · solid · dependable · nonperishable · lifespan
National output abbreviation
- consumptionUsing up of resources
- manufacturingIndustrial product creation
- consumer confidencePublic's economic outlook measure
- retailSales to end users
sector · inventory · demand · supply chain · production · factory · import · export
appliance
Powered household device
- furnitureMovable room objects
- automobileSelf-propelled passenger conveyance
- electronicsStudy of circuits
machinery · vehicle · refrigerator · washer · dryer · dishwasher · television · computer · lawnmower · air conditioner
asset
Item of value owned
- depreciationAsset value reduction over time
- capitalWealth used for investment
- purchaseGoods obtained for payment
financing · resale · warranty · lease · installment · amortization · equity · valuation · ownership · expenditure
reliability
Consistent, predictable performance
- sturdinessStrength and solidity
- robustnessResistance to failure
- resilienceCapacity to recover quickly
quality · wear-resistant · long-lasting · well-built · heavy-duty · solid · dependable · nonperishable · lifespan · maintenance
GDP
National output abbreviation
- consumptionUsing up of resources
- manufacturingIndustrial product creation
- consumer confidencePublic's economic outlook measure
retail · sector · inventory · demand · supply chain · production · factory · import · export · tariff