Consumer goods are broken down into three sub-groups: durable consumer goods, non-durable consumer goods, and consumer services. Durable goods include items that typically last over a significant time span, and as such they often have a higher price point due to their longevity and process of production for these goods. Furniture, cars, modular homes, and/or large household appliances are all examples of possible durable consumer goods. Non-durable consumer goods are produced and subsequently purchased for the intended purpose of being used immediately or very soon in the future. Non-durable goods typically have a longevity that ranges from mere minutes up to three years. Examples of non-durable consumer goods include gasoline, food items, certain apparel items, and/or beverages. Consumer services are in-tangible actions or items that are often created and used at the same time. Consumer services may include landscaping, hair salon services, or a variety of repair services.
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