Durable goods are items that have a long lifespan and are not quickly consumed. They are typically used over several years and include products like furniture, appliances, and vehicles. These goods are often more expensive than non-durable goods, as they are designed to withstand wear and tear. The purchase of durable goods is an important indicator of economic health. When consumers buy more durable goods, it often signals confidence in the economy. Conversely, a decline in durable goods sales can suggest economic uncertainty, affecting industries like manufacturing and retail.