Discover how price levels, consumer income, substitutes, and product types impact demand elasticity for goods and services, influencing consumer decisions.

Explore how durable goods orders reveal economic trends, impacting investment decisions. Learn why this key indicator is vital for understanding industrial activity.

Forbes contributors publish independent expert analyses and insights. Making wealth creation easy, accessible and transparent. The durable goods report measures the demand for long-lasting expensive ...

You may think that this division of goods into two classes – those that last for a while and those that don't – is a wonkish categorization that may occupy the minds of economists without being ...

What products from the store do you feel you would absolutely need if you were required to hole up at home for a few weeks (or months)? Many people who hadn’t given this a lot of thought found ...

Consumer packaged goods are essential, everyday low-cost items that need frequent replenishing. E-commerce growth and COVID-19 significantly increased online CPG shopping. Challenges like inflation ...

The numbers: Orders for long-lasting goods fell 2.8% in July, dragged down by weak sales of commercial aircraft, the Commerce Department said Tuesday. It is the third drop in the past four months.

Capital goods are any asset that is used by a company to produce products or services for consumers. For example, car factories are capital goods used in the auto industry, while cooking appliances ...

Total Retail Sales of Consumer Goods: refers to the sales of physical commodity or the income of catering services sold or provided by enterprises (units) to individuals, social organizations for ...