Definitions for "durable goods"
Durable Goods are manufactured goods that generally offer a long utility (lasting...
products used by businesses or consumers that are expected to last at least three years or more. Examples would generally be big-ticket items such as automobiles and major office and home appliances. Sales of durable goods are usually tied closer to interest rates than are the sales of non-durable goods. Sales of Durable goods are reported by the Department of Commerce in its Gross Domestic Product - ( GDP) reports.
Goods with a life of several years, usually having a high value, such as furniture, china, glass, carpets, clothing, radio, TV etc.