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Bethany McCamish is a freelance writer in the personal finance space.

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Victoria Chan, CFA

Vicky has over 10 years' experience in financial services, working in strategy and management consulting.

She has also served as the deputy head of research for citibank's consumer bank in Australia, advising financial planners and clients on investment strategies and asset allocation. More recently, she has worked as an equity analyst for one of Australia's largest mutual funds.   Vicky is CFA charterholder and also a chartered accountant. She is currently serving as a CFA industry mentor to univ...

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Updated November 22, 2020

What Are Consumer Durables?

Consumer durables are a category of consumer products that do not have to be purchased frequently because they last for an extended period of time (typically more than three years).

How Do Consumer Durables Work?

Consumer goods are divided into two categories: durable goods and non-durable goods.

Durables have an extended product lifespan and are not worn out/consumed quickly when you use them. Since they're made to last and do not need to be replaced frequently, durable goods are typically more expensive than non-durables (which have to be purchased repeatedly).

Examples of Consumer Durables

A washing machine is a great example of a consumer durable product. 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's used regularly and needs to be purchased several times per year. 

Examples of consumer durables

Why Are Consumer Durables Important? 

Consumer durables make up a portion of sales in durable goods. The increase and decrease in the sales of durable goods is an important economic indicator because durables (including consumer durables) tend to represent big-ticket items. Consumers typically make these purchases when they are confident they can afford them.

Before a recession – when consumers have less confidence in the economy – there's a sharp drop in the sales of durable goods. This is important to remember when investing in companies that produce durables and when analyzing the current economy. You can review the current sales of durable goods on the Census Bureau's monthly "Durable Goods Orders" report.

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At InvestingAnswers, all of our content is verified for accuracy by Victoria Chan, CFA and our team of certified financial experts. We pride ourselves on quality, research, and transparency, and we value your feedback. Below you'll find answers to some of the most common reader questions about Consumer Durables .
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Victoria Chan, CFA
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Vicky has over 10 years' experience in financial services, working in strategy and management consulting. She has also served as the deputy head of research for citibank's consumer bank in Australia, advising financial planners and clients on investment strategies and asset allocation.

If you have a question about Consumer Durables , then please ask Victoria.

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