Definition of consumer goods
: goods that directly satisfy human wants
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Recent Examples of consumer goods from the Web
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Since November, China has announced plans to end limits on foreign ownership in its insurance and auto industries and to reduce import tariffs on autos and a range of consumer goods.
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Trudeau struck back, announcing plans to levy additional tariffs of 25 percent on U.S. steel items and 10 percent on consumer goods beginning next month.
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Xi, the Chinese president, had called during a speech in April for reductions in Chinese tariffs on imported cars and some consumer goods, as part of Beijing’s long-term policy of gradually opening to international competition.
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The subsequent inflation in consumer goods sparked by rising gas prices can prompt the Federal Reserve to raise interest rates, further dampening investment and slowing the economy.
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In November, tariff cuts announced on 187 categories of consumer goods boosted shares of companies including Nestle SA and Danone.
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The search for comfort extends far beyond consumer goods.
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But don't get caught off guard by the prices of many consumer goods in Iceland.
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On average, about 19 percent of the boards of consumer goods and services companies in the Russell 3000 are women.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'consumer goods.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of consumer goods
1901
CONSUMER GOODS Defined for English Language Learners
consumer goods
Definition of consumer goods for English Language Learners
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: products that people buy for personal use or for use at home
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