large more expensive items such as autos or major appliances such as refrigerators or washer/dryers.
Economists often call these "durable goods" and it is well known that these items tend to have larger swings in sales through a business cycle. When there is uncertainty or fear there tends to be many people holding off on making purchases of large items like this. Some people used to call this a durable goods cycle. smaller items such as maybe a hairdryer that costs 20 to 30 dollars tend to have smaller swings in their sales simply because they are less impacted by the swings in consumer attitude.
