Durable Goods, Postponability, and Economic Recovery
Date Submitted: 09/10/2006 00:27:03
Subject: Durable Goods
Topic: National Income Accounts
Key Words: Durable Goods, Postponability, and Economic Recovery
News Story: Orders for durable goods, which include items that range from washing machines to civilian aircraft, fell 7.4 percent in August. This decline followed a July gain of 9.3 percent. A large part of the August decrease came in the category of civilian aircraft, which fell by 42.8 percent. If civilian aircraft were taken out of the calculation, a fall of 0.5 percent
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market will decline. Stocks could go up or down depending on the business cycle.
Source: U.S. Census Bureau
3. Make a list of at least 5 items that you use in your everyday life that you consider to be a postponable purchase.
1.<Tab/>Car
2.<Tab/>Living room furniture
3.<Tab/>Television
4.<Tab/>Personal computer
5.<Tab/>Home Carpets
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