Originally published on Wed March 28, 2012 7:57 am
Orders for durable goods rose 2.2 percent in February, according to figures released this morning (PDF). Th AP has the details.
We have a simpler question. What's a durable good? Also: Why does it matter?
Durable goods, as the name suggests, are things that don't break easily. More specifically, they're products that are used for more than three years.
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