CONSUMER GOODS Definition & Meaning

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consumer goods

[ kuhn-soo-mer goodz ]

Phonetic (Standard)IPA

plural noun

Economics.

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

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

consumer goods

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

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51�Թ� History and Origins

Origin of consumer goods¹

First recorded in 1885–90

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Example Sentences

Examples have not been reviewed.

This is happening at a time when those on fixed budgets could be hit with higher prices for consumer goods thanks to Trump’s tariffs, and may see their nest eggs threatened by stock market volatility.

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Industrial amounts of ordinary consumer goods like salt or margarine are banned, preventing local production using ordinary ingredients.

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Bessent said the administration is not concerned about driving up the costs of consumer goods, focusing instead on driving down the cost of housing and cars.

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The tariffs have triggered a trade war that threatens to raise the cost of a number of consumer goods.

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Beijing has already rolled out schemes to encourage its people to spend more, including allowing them to trade in and replace consumer goods like kitchen appliances, cars, phones and electronic devices.

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