-
- 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 16 Feb. 2025.
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