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A durable product is a long-lived product that can't be consumed all at once. The following are common examples.Machines used by businesses to produce products and services such as an industrial robot or amusement park attraction.
MachinesOther machines such as a consumer model of lawn mower.ToolsProducts that are used by people to accomplish a task such as a hammer.AppliancesMachines used in the home such as a washing machine.TransportTransportation equipment such as a bicycle, high speed train, aircraft or ship.ConstructionConstruction materials and equipment such as a brick or dump truck.
FurnitureInterior furnishings such as a bed.ElectronicsConsumer electronics such as a tablet computer.Computing & NetworkingComputing and networking infrastructure.EnergyEnergy infrastructure such as solar panels.Sports & HobbiesSports equipment such as a kayak.ToysToys designed to last more than two years such as a train set.
BooksPhysical books such as paperback fiction.JewelryFashion is considered nondurable with the exception of long lived items such as jewelry and watches.Musical InstrumentsMusical instruments such as a synthesizer or drum kit.NotesGenerally 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.|
Type | | Definition | A long-lived product that can't be consumed all at once. | Also Known As | Durable Goods | Related Concepts | |
Products
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