consumer goods

[kuhn-soo-mer goodz]

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 ).

consumer goods

plural noun

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

consumer goods

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

Word History and Origins

Origin of consumer goods¹

First recorded in 1885–90

Example Sentences

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.

Read more on 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.

Read more on 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.

Read more on Barron's

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

Read more on Los Angeles Times

Last week, Federal Reserve Chair Jerome Powell said that while the new levies have pushed up prices for consumer goods, the Fed expected these increases to be “relatively short-lived” and that inflation expectations remained well-anchored.

Read more on Barron's