Durable Goods

durable goods are items purchased and used by businesses and consumers that have a long useful life. This is vague description however a durable good might best be explained with an example for instance a stove for a kitchen, a conveyor belt for a factory and a new cargo van can all be labelled as being durable goods.

Paper towels, flashlight batteries and ink jet paper are all examples of items that would not be classified as durable goods.