The policy stance could, over time, also provide substantial support to the economy indirectly, by mitigating the likely driving forces behind the diminished interest-rate sensitivity of durable goods
2) Moreover, this paper shows that the time consistency problems in durable goods
, non-durable goods
and government planning models conceptually all originate from the same source, namely, the assumption of market power under intertemporal choice.
Michael Biddle, CEO and president of MBA Polymers, says, "Major multinational manufacturers of durable goods
are now working with MBA to recycle the plastics from their end-of-life products, and to provide them with recycled plastics for their new products.
If you have a slant it's toward durables, and that is good news because durable goods
jobs pay more and have more benefits and what have you,'' said Jack Kyser, chief economist for the nonprofit corporation.
From both a theoretical and empirical standpoint, the significance of durable goods
as consumption and portfolio items, should be apparent.
A second straight decline in factory orders for durable goods
in December helped trim the 1996 gain to the smallest in three years and further eased fears of an overheating economy.
The government said durable goods
orders, a measure.
The output of durable goods
materials, which had edged downward in August, increased 0.
orders jumped to record levels in May, but the increase was mainly the result of aircraft sales and several analysts said they still do not expect a rise in interest rates next week.