The Economy & the Fed

Durable Goods, Nondurable Goods and Services

The three kinds of consumer spending. Durable goods, such as cars, furniture and appliances, are expected to last three years or more, so people can put off buying them when money is tight, and their sales swing most with the economy. Nondurable goods, such as food, clothing and gasoline, are used up quickly. Services, such as housing, health care, travel and dining out, are not things at all, and are about two-thirds of US consumer spending.

Educational information, not investment advice. See it applied across the screener →