consumer goods

American  

[kuhn-soo-mer goodz] / kənˈsu mər ˌgʊdz /

plural noun

Economics.

1. goods that are bought and used in satisfaction of human wants, as clothing, food, or appliances, and are not utilized in any further production (capital goods ).

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consumer goods British  

plural noun

1. goods that satisfy personal needs rather than those required for the production of other goods or services Compare capital goods

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consumer goods Cultural  

1. Goods, such as food and clothing, that satisfy human wants through their consumption or use. (Compare capital goods.)

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Etymology

Origin of consumer goods

First recorded in 1885–90

Example Sentences

The higher margin parts of the “silver economy” may require deeper operational capabilities than standard consumer goods rollouts.

From Barron's

That reassessment is showing up in spending patterns, as well, and economists warn that the shift could influence everything from midrange consumer goods to long-term economic growth.

From MarketWatch

Consumption has been increasingly important to the U.S. economy since the end of World War II, when wartime factories pivoted to producing consumer goods and manufacturers needed to build markets for their products.

From The Wall Street Journal

The segment creates packaging materials for a range of industries outside food, in areas such as consumer goods and e-commerce.

From Barron's

This echoes what big box retailers and consumer goods giants have been saying.

From Los Angeles Times