Durable consumer goods (durable consumer goods, consumer durables)

Unless otherwise defined, all goods owned by private households that allow repeated use, such as automobiles and electric appliances. Residential real estate is generally not included in consumer durables; however, it is always important to pay attention to the statistical survey characteristics when making international comparisons. – Some statistics distinguish between consumer durables of average life span, such as clothing and footgear, and durables of long life span, such as furniture and cars. – See goods, capital, Königsberg system, movable property, private property, wealth. – Cf. Monthly Bulletin of the Deutsche Bundesbank of September 2007, pp. 41 et seq. (durables in Germany since 1991), Monthly Bulletin of the ECB of July 2010, pp. 38 et seq. (demand for durables in the recession following the financial crisis; overviews; terminologically incorrect [“goods and services” = “people and women”!]), ECB Monthly Bulletin of July 2011, pp. 45 ff (developments in the euro area since 2004; overviews), ECB Monthly Bulletin of May 2014, pp. 63 ff (purchases of durables in EMU since 2000; overviews).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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