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