-
- To save this word, you'll need to log in.
producer goods
plural noun
: goods (such as tools and raw materials) used to produce other goods and satisfy human wants only indirectly
Examples of producer goods in a Sentence
Recent Examples on the Web
But there is also a need for income-boosting measures for consumer goods and price-dampening interventions in producer goods markets, from strategic reserve management to the excess profits taxes that are being rolled out in Spain and Italy.
—Nicholas Mulder, Foreign Affairs, 22 Mar. 2022
Mining, raw materials, and manufacturing producer goods saw prices rise +24.9%, +15.2%, and +5.4% respectively year-over-year.
—Brendan Ahern, Forbes, 11 May 2021
What has changed is the search for cheap labor, because the rise of middle classes in China, India, Southeast Asia, Latin America, and sub-Saharan Africa has increased wages everywhere, giving producers good reason to automate production.
—Time, 18 Nov. 2019
What: Local boys turned international DJs and producers Good Things Ahead (aka GTA) return home on the strength of a recent label launch, ready to rock the crowd with house, funk, bass and Latin beats.
—Kat Bein, Billboard, 5 Dec. 2019
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Word History
First Known Use
1932, in the meaning defined above
Dictionary Entries Near producer goods
Cite this Entry
“Producer goods.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/producer%20goods. Accessed 22 Dec. 2024.
Legal Definition
producer goods
see good sense 2
More from Merriam-Webster on producer goods
Britannica.com: Encyclopedia article about producer goods
Love words? Need even more definitions?
Merriam-Webster unabridged
Share