4 ms·
So then the essential question is what is the ratio of delayable vs non-delayable purchases.
by kleer001 4y ago
So then the essential question is what is the ratio of delayable vs non-delayable purchases.
- sokoloff 4y agoI'd guess that a pretty significant portion (at least 25%?) of durable goods purchases are delayable (which is probably what drives a lot of the volatility in durable goods purchasing). If my washing machine breaks, I don't have to buy another one immediately. I could repair it; I could use a laundromat; I could use a neighbor's; I could wash by hand.