durable goods
Noun
Meaning
consumer goods that are not destroyed by use
Source: WordNetSynonyms
Hypernyms
Hyponyms
Examples
As a result, the demand for durable goods, agricultural equipment factors, vehicles, are all going up,” said Sitharaman.
The September report showed that consumer spending on durable goods such as autos shot up 3% in September.
Jobless rolls jumped to a record peak in mid-January, while new orders for durable goods fell for a fifth straight month in December, data showed on Thursday, underscoring the deepening economic malaise.
Hardware stores focus on selling hard goods or durable goods which do not quickly wear out, but some soft goods or consumables can generally be found in such stores.
The 0.4 percent rise in spending reflected a 0.8 percent surge in spending on durable goods after two months of declines in this category which includes big-ticket items such as autos.
Data on durable goods orders for April will be released at 8:30 a.m. ET.