The Commerce Department said orders for durable goods
- expensive manufactured items expected to last at least three years - rose 0.
If the interest-rate sensitivity had remained at the higher level that prevailed during typical recoveries in the past, declining real interest rates in the current recovery could have provided a stronger boost to durable goods
In sharp contrast, retailers in durable goods
and semi-durable goods
reported that the growth in their sales volumes remained lively.
Since 2004, durable goods
losses have been lead by "white-collar" job losses, a drop of 10.
An estimated 85% to 95% of rigid food packaging there now uses IML, as do some durable goods
such as returnable beer crates.
The plant will be located next door to MG's advanced metal recycling operations METRAN and will be between large feedstocks from the durable goods
recycling infrastructure developing in Western Europe and the growing manufacturing and plastics molding base in Eastern Europe.
This commitment problem and its associated impact on imperfectly competitive durable goods
manufacturers is commonly referred to as the Coase conjecture.
The central bank report stated, "Purchases of new motorcars featured prominently in third quarter expenditure on durable goods
, but expenditure on other categories of durable goods
also increased quite noticeably.
The surge in spending had lifted the growth of the stocks of many types of consumer durable goods
and business capital equipment to rates that could not be continued.
The Commerce Department reported that orders for durable goods
, items expected to last at least three years, rose 3.
Looking at the composition of retail sales shows that durable goods
purchases account for much of the weakness in consumer demand.
Company to Deploy IDS Scheer's ARIS Platform and ARIS[TM] SmartPath for Durable Goods
2 percent month-on-month as sales of durable goods
rose solidly in March, and orders the previous month were revised upward, signaling strength in the manufacturing sector, the government reported Wednesday.
Consumer spending for high-volume, low-cost, nondurable goods (such as packaging and housewares) accelerates early in the recovery cycle and is then followed a quarter or two later by an increase in spending on more expensive durable goods
such as autos, appliances, furniture, and electronics.