from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Not enduring; being in a state of constant consumption: nondurable items such as paper products.
- n. A consumable item: nondurables such as food.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Providing useful services for only one period, especially a year.
- n. A nondurable good.
In addition, the Commerce Department said factory orders rose 0.5% in October, but inventories of "nondurable" goods, those intended to last less than three years, fell.
Consumers increased their spending on "nondurable" goods, such as food and clothing, by 0.7 percent in February.
Eurostat said orders for capital goods jumped 3.7% on a monthly basis in December and orders for intermediate goods rose 2.4%, but orders for durable consumer goods fell 2.3% and orders for nondurable consumer goods gained 1.9%.
Over the past 12 months, shares of companies that make nondurable household products have underperformed, rising only about 3% compared with the broader market's roughly 20% gain.
Orders for nondurable goods, which have been hit harder by the recession because many are tied to the housing market, fell 0.3%.
Nondurable goods inventories increased 1.2%, while nondurable goods sales decreased 0.3%.
Manufacturing output declined 0.4% as production of nondurable goods slumped 1.4%.
Services, by contrast, tend to be the least volatile part of the economy, with nondurable goods such as clothes and groceries somewhere in the middle.
Spending on nondurable goods rose 1.5%, reflecting higher prices for gasoline.
On a monthly basis, orders for intermediate goods increased 4.4% and rose 2.8% for durable consumer goods, but orders for capital goods fell 2.6% and declined 1.3% for nondurable consumer goods.
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