producer goods

American  

plural noun

Economics.

1. goods, as machinery, raw materials, etc., that are used in the process of creating consumer goods.

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producer goods British  

plural noun

1. other terms for capital goods

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Etymology

Origin of producer goods

First recorded in 1950–55

Example Sentences

In the late 19th and early 20th centuries, a general strike would have been an event of capital disaccumulation, when capital was held in the form of raw materials and producer goods.

From Salon

Imports of producer goods such as materials and components used in manufacturing rose 7.4% from November 2016.

From The Wall Street Journal

It has gobbled up American producer goods, so prospects for broader American exports are good.

From New York Times

Demand also includes demand for producer goods.

From Economist

Across the array of producer goods, price changes were a mix of mostly small ups and downs.

From BusinessWeek