North American term for consumer durables.
- Manufacturers and retailers of durable goods - cars, furniture and major electrical appliances - are particularly vulnerable to swings in consumer confidence.
- From April to July, shipments of durable goods rose 4.6%, but inventories fell 2%.
- We've been hit particularly hard because what we export, which are durable goods, have the greatest cyclical swing, both on the upside and on the downside.
Definition of durable goods in:
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