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      In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks could be considered perfectly durable goods because they should theoretically never wear out. Highly durable goods such as refrigerators or cars usually continue to be useful for several years of use, so durable goods are typically characterized by long periods between successive purchases.
      Durable goods are known to form an imperative part of economic production. This can be exemplified from the fact that personal expenditures on durables exceeded the total value of $800 billion in 2000. In the year 2000 itself, durable goods production composed of approximately 60 percent of aggregate production within the manufacturing sector in the United States.
      Examples of consumer durable goods include vehicles, books, household goods (home appliances, consumer electronics, furniture, musical instruments, tools, etc.), sports equipment, jewelry, medical equipment, and toys.
      Nondurable goods or soft goods (consumables) are the opposite of durable goods. They may be defined either as goods that are immediately consumed in one use or ones that have a lifespan of less than three years. Examples of nondurable goods include fast-moving consumer goods such as food, cosmetics, cleaning products, medication, clothing, packaging and fuel. While durable goods can usually be rented as well as bought, nondurable goods generally are not rented.


      Durability


      According to Cooper (1994, p5) "durability is the ability of a product to perform its required function over a lengthy period under normal conditions of use without excessive expenditure on maintenance or repair". Several units may be used to measure the durability of a product according to its field of application such as years of existence, hours of use and operational cycles.


      = Product life spans and sustainable consumption

      =

      The life span of household goods is significant for sustainable consumption. The longer product life spans could contribute to eco-efficiency and sufficiency, thus slowing consumption in order to progress towards a sustainable consumption. Cooper (2005) proposed a model to demonstrate the crucial role of product life spans for sustainable production and consumption.
      Durability, as a characteristic relating to the quality of goods that can be demanded by consumers, was not clear until an amendment of the law in 1994 relating to the quality standards for supplied goods.
      The condition of the economy is one of the biggest factors as well as the philosophy of money. Consumers want to use their money effectively and essentially get what they paid for, and in the best-case scenario, get more than what they paid for. In the pursuit of durable goods through the lifespans of the products and consumption of those products money and price dictate two of the biggest factors other than supply and demand. “At some point, people will realize that they can trade more easily if they use some intermediate good—money. This intermediate good should ideally be easy to handle, store and transport (function i). It should be easy to measure and divide to facilitate calculations (function ii). And it should be difficult to destroy so that it lasts over time (function iii)” (de Bruin 2023). Durable good falls into this category since ease of commerce and convenience are key factors into making it a good product to buy.


      See also



      Coase conjecture
      Disposable product
      Eco-action
      Industrial organization
      Pacman conjecture
      Planned obsolescence
      Putty-putty
      Quality assurance
      Source reduction
      Waste minimisation


      References

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    durable goods definition - Architecture Dictionary

    durable goods definition - Architecture Dictionary

    durable goods definition - Architecture Dictionary

    durable goods definition - Architecture Dictionary

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    Durable Goods - Venice, California Commercial Production

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    Durable - Build a website in 30 seconds with AI.

    Durable Goods: Meaning, Characteristics, Examples, And Importance - Penpoin

    Durable Goods: Meaning, Characteristics, Examples, And Importance - Penpoin

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    Durable Goods | Products | Orange County Label Company, Inc.

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    Preservica integration experts | Durable Digital

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    Supply Chain Management - Durable Goods | Logility

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    50 Durable Goods Examples (2025)

    Solved Which is an example of a durable good? | Chegg.com

    Solved Which is an example of a durable good? | Chegg.com

    Which of the following is a semi-durable good?

    Which of the following is a semi-durable good?

    What Is A Durable Good | Definition Of Durable Goods In Economics

    What Is A Durable Good | Definition Of Durable Goods In Economics

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    Durable Goods | Definition & Examples - InvestingAnswers

    Aug 8, 2020 · Durable Goods Definition. Durable goods are a category of tangible (physical) products that last three years or longer. Typically, these goods are a bit more expensive because they tend to last for long periods of time. Durable goods are also known as durables and consumer durables. Durable Goods: Examples for a Business

    Consumer Durables | Meaning & Examples - InvestingAnswers

    Mar 21, 2021 · Example of Consumer Durable Products. A washing machine one of the most popular household durables. It takes many years and multiple uses to wear it out. The laundry detergent used in the washing machine, however, is a non-durable good since it needs to be purchased several times per year.

    Asset | Examples & Definition - InvestingAnswers

    Apr 27, 2021 · Types of Assets. Assets are broken into categories based on liquidity and function. On the balance sheet, they’re presented according to whether the asset will (or can) be used up within the next 12 months.

    Personal Consumption Expenditures (PCE) - InvestingAnswers

    Sep 29, 2020 · The category of 'goods' is further broken down into 'durable' goods, which are big-ticket items (refrigerators, television sets, cars, mobile phones, etc.) that will last more than three years, and 'non-durable' goods that are more transitory (e.g., cosmetics, fuel, clothing, etc.). Why Do Personal Consumption Expenditures (PCE) Matter?

    Leading Economic Indicators Cheat Sheet - InvestingAnswers

    Apr 27, 2021 · Yet economists are quick to strip out the impact of spending on airplanes, which is a big factor in durable goods production -- notably volatile. The monthly durable goods report, issued by the Commerce Department, is seen as a strong complement to the ISM's NAPM surveys noted above. Taken together, these economic reports provide a clear ...

    Consumer Cyclical Definition & Example - InvestingAnswers

    Sep 29, 2020 · Consumer Cyclical Example. Consumer cyclicals perform well when the economy grows and suffer when the economy stagnates or shrinks.

    Depreciation | Example & Meaning - InvestingAnswers

    Nov 1, 2020 · The purchase of a vehicle is a good example, since vehicles generally lose a large portion of their value within the first year. Instead of evenly distributing the cost of depreciation over the course of an asset’s useful life, this method depreciates the book value of the asset by the straight line depreciation percent each year.

    Cyclical Industry Definition & Example - InvestingAnswers

    Oct 1, 2019 · Since stocks in cyclical industries often rise in good economic times and fall during bad times, investors attracted to stocks in cyclical industries are faced with the arduous task of trying to time the market.

    National Income Accounting Definition & Example

    Oct 1, 2019 · National income accounting is a mathematical system. It does not interpret, analyze or judge, and thus it is only one step in the analytical process of measuring a country's economic activity. In turn, it is generally not a good way to measure the welfare of a population or a country's 'happiness.' National income accounting is also not all ...

    Barter Definition & Example - InvestingAnswers

    Sep 29, 2020 · Barter Example. The barter system enables two parties to exchange goods or services based on mutually perceived value.