Durability classification

Définitions

Dernière mise à jour le :08/12/2017

Définition

The durability classification is a classification of expenditures according to the durable nature of the goods and services acquired. It sets durable goods against fungible goods and distinguishes goods from services. It classifies goods into three groups: major durables (vehicles, furniture, household or leisure equipment), semi-durables (textile, clothing) and non-durables (food, energy).