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Definitions for: durable goods
durable goods

costly manufactured products expected to last at least three years, including appliances and automobiles. The Census Bureau of the U.S. Commerce Department keeps track of them. The bureau tracks the dollar value of new orders. Separately, it also tracks shipments, unfilled orders, and inventories. Orders for durable goods can help forecast future manufacturing activity, although the overall number needs to be used with care because it can be strongly influenced by large orders in a particular sector, such as defense spending. For more information, two Web sites are helpful: www.census.gov/ ftp/pub/ and indicator/www/m3/index.htm and biz.yahoo.com/c/ terms/durord.html.

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