consumer goods

plural noun, Economics
1.
goods that are ready for consumption in satisfaction of human wants, as clothing or food, and are not utilized in any further production (contrasted with capital goods).
Also called consumption goods.
Origin
1885-90
Examples from the web for consumer goods
  • At the same time as the useful life of consumer goods becomes shorter, consumers hanker after goods that endure.
  • Even if consumers spend more, they spend it on consumer goods, which raise profits for consumer goods makers.
  • Cheap plastic has unleashed a flood of consumer goods.
  • The findings are relevant because many new consumer goods are quickly tossed aside.
  • Computers and cameras are examples of consumer goods getting lighter and smaller as they get better.
  • And this development has not been limited to retailer brands or the fast moving consumer goods markets.
  • As noted, buyers of capital and consumer goods are not buying, even though monetary policy is trying to make it easy.
  • Its impact was by no means confined to consumer goods.
  • Makers of consumer goods generally try to evaluate their new tech under real-world conditions.
  • Then come businesses selling everyday consumer goods.
British Dictionary definitions for consumer 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 in Culture

consumer goods definition


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