capital goods


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Capital goods

Goods used by firms to produce other goods, e.g., office buildings, machinery, equipment.

Capital Goods

Goods that are used to create other goods that can be sold to customers. Examples include fixed assets like factories and current assets like raw material to make a product. Capital goods are an important concept in Marxist economics where it refers to any means of production. See also: Consumer Goods.

capital goods

the long-lasting durable goods, such as machine tools and furnaces, that are used as FACTOR INPUTS in the production of other products, as opposed to being sold directly to consumers. See CAPITAL, CONSUMER GOODS, PRODUCER GOODS.
References in periodicals archive ?
The uptrend in orders for commercial capital goods is a welcome sign for the economy.
Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, fell 1.
Auction experiments purport to be a source of insight into circumstances actually faced by business firms in the competitive acquisition of capital goods.
Economists had worried that July's decline in spending on capital goods was a sign that the sector was losing strength.
Capital Goods continues to be one of the most globally integrated market sectors and its rapidly shifting competitive dynamics and diversity of end-markets are sources of potential differentiation for Credit Suisse research.
According to Export Import Policy of India 2004-2009, the EPCG scheme will allow import of capital goods for pre-production, production and post-production at five percent which is subject to an export obligation equivalent to eight times of duty saved on capital goods imported under EPCG scheme to be fulfilled over a period of eight years considering from the date of issuance of licence.
Capital goods include machinery, factories, tools, equipment or buildings used to produce other products for consumption.
Orders for "core" capital goods were fairly weak in February, falling 2.
The main objective was to replace the domestic demand for imported consumer goods by domestically produced goods with more emphasis on encouraging import of capital goods and raw material by relaxing restrictions.
Consequently, for a temporary tax change, the price of long-lived capital goods fully reflects the tax subsidy regardless of the elasticity of investment supply.
That recession was marked by an atypically large swing in consumer spending relative to capital goods spending.