capital goods

plural noun

Definition of capital goods

Examples of capital goods in a Sentence

Recent Examples on the Web In September, orders for core capital goods – a key measure of business investment – topped its pre-pandemic level by 3.4%, Millar says. Paul Davidson, USA TODAY, "Restaurants and stores are struggling to survive amid COVID-19. So why are many boosting spending, hiring workers?," 13 Nov. 2020 By September, the value of core capital goods shipments, as well as orders, hit a six-year high. Vince Golle, Bloomberg.com, "The Good and the Bad of the U.S. Economy on Eve of Election Day," 2 Nov. 2020 Orders for nondefense capital goods excluding aircraft, a key category seen as a proxy for business investment spending, rose 1% in September after bigger gains in July and August. Martin Crutsinger, Star Tribune, "September factory orders up 1.9%, economists see risks ahead," 27 Oct. 2020 Overall exports remained 13% below their level in August 2019, as slowing momentum in the global economy weighed on U.S. sales of capital goods and industrial supplies to other countries. Paul Kiernan, WSJ, "Global Outlook Brightens as U.S. Consumer Imports Reach Pre-Pandemic Levels," 6 Oct. 2020 Beijing is now encouraging manufacturers to produce more sophisticated machinery that can rival high-end German capital goods. Paul Page, WSJ, "Today’s Logistics Report: Planning Vaccine Delivery; Germany’s Export Cloud; Assembling Ford Trucks," 18 Sep. 2020 Exports of vehicles, consumer goods, industrial supplies and capital goods all rose. Harriet Torry, WSJ, "U.S. Trade Deficit Widest Since 2008 in July as Imports Outpaced Exports," 3 Sep. 2020 The decrease in travel exports of $7.5 billion in March, is equal to the decreases in industrial supplies and materials, automotive vehicles, parts, and engines, and other capital goods combined. Karen Ho, Quartz, "The US trade deficit is ballooning as international travel plummets," 5 May 2020 Orders for nondefense capital goods, a measure of business investment, fell 33.4 percent, mostly because of a huge drop in orders for aircraft including Boeing’s troubled 737 MAX jet. New York Times, "Wall Street Rallies, Bucking Drop in Global Stocks: Live Updates," 24 Apr. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'capital goods.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of capital goods

1896, in the meaning defined above

Keep scrolling for more

Learn More about capital goods

Time Traveler for capital goods

Time Traveler

The first known use of capital goods was in 1896

See more words from the same year

Statistics for capital goods

Last Updated

22 Nov 2020

Cite this Entry

“Capital goods.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/capital%20goods. Accessed 17 Jan. 2021.

Keep scrolling for more

More Definitions for capital goods

capital goods

noun

English Language Learners Definition of capital goods

business : products (such as factory equipment and tools) that are used to make other products

Comments on capital goods

What made you want to look up capital goods? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Words of Snow and Ice Quiz

  • image1037863653
  • Which of the following refers to thin, bending ice, or to the act of running over such ice?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Typeshift

Anagram puzzles meet word search.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!