Investopedia / Jiaqi Zhou Consumer durables, also known as durable goods, are a category of consumer goods that do not wear out quickly and therefore do not have to be purchased frequently.
As traders approach another pivotal day for financial markets on Tuesday, January 28, 2025, a series of crucial economic data releases that could sway market dynamics are expected. The spotlight will ...
Consumer durables are products that typically last at least three years. Sales of high-priced durables dip during recessions, so it's important to keep an eye on monthly durable goods reports.
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