Hard Goods

Hard Goods – Hard goods, also known as durable goods or just as durables, are commodities that are considered to have a long lifespan.  On the contrary to nondurable goods, hard goods can be utilized several times over a relatively long period of time rather than being disposed of after only one use.  Generally, hard goods are classified as lasting longer than three years.  Examples of hard goods include automobiles, computers, appliances, equipment, furniture and freezers.  The Commerce Department monitors hard goods orders month by month and often, increasing orders of durables over a span of a couple of months indicates a healthy economy.