producer goods

plural noun

, Economics.

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

producer goods

plural noun

1. other terms for capital goods

Word History and Origins

Origin of producer goods¹

First recorded in 1950–55

Example Sentences

Falling import prices also pointed to an easing of snarled global supply chains, which was reflected in weak readings in underlying consumer and producer goods prices in October.

From Reuters

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 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