Capital Equipment
Machines used by businesses to produce products and services such as an industrial robot or amusement park attraction.Machines
Other machines such as a consumer model of lawn mower.Tools
Products that are used by people to accomplish a task such as a hammer.Appliances
Machines used in the home such as a washing machine.Transport
Transportation equipment such as a bicycle, high speed train, aircraft or ship.Construction
Construction materials and equipment such as a brick or dump truck.Furniture
Interior furnishings such as a bed.Electronics
Consumer electronics such as a tablet computer.Computing & Networking
Computing and networking infrastructure.Energy
Energy infrastructure such as solar panels.Sports & Hobbies
Sports equipment such as a kayak.Toys
Toys designed to last more than two years such as a train set.Books
Physical books such as paperback fiction.Jewelry
Fashion is considered nondurable with the exception of long lived items such as jewelry and watches.Musical Instruments
Musical instruments such as a synthesizer or drum kit.Notes
Generally speaking, durable products last longer than 2 years.Durable products are interesting to economists because people and businesses stop buying them when they aren't confident about the future. In other words, sales of things like furniture, vehicles, jewelry and industrial robots act as economic indicators.| Overview: Durable Products | ||
Type | ||
Definition | A long-lived product that can't be consumed all at once. | |
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