capital goods


Also found in: Dictionary, Legal, Wikipedia.

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 ?
Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.4 percent last month, the government said, driven by strong demand for electrical equipment, appliances and components.
Data for June was revised down to show the core capital goods orders advancing 0.9 per cent instead of 1.5 per cent as previously reported.
The impact of these policies has been quite widespread during the last two to three decades as reduction in the tariffs on engineering and capital goods, and a free trade agreement with China, have encouraged imports of these products at the expense of investment in local production.
In the EU28, industrial producer prices rose by 17.1% in the energy sector, by 3.0% for intermediate goods, by 1.5% for durable consumer goods, by 1.3% for capital goods and by 0.3% for non-durable consumer goods.
More than 98.2% of goods imported from China in 2017 were industrial goods, of which 47.5% were capital goods, 36.04% were intermediate goods and 15.5% were consumer goods.
Foreign Trade of Capital Goods in the United States: A Persistent Deterioration
The factory output, measured by movement in Index of Industrial Production ( IIP), had slipped to an 8- month low of (- ) 2.49 in July on account of declining output in capital goods.
The increase of 1.1% in industrial production in the euro area in April, compared with March, is due to the production of durable consumer goods rising by 2.3%, capital goods by 1.9%, non-durable consumer goods by 1.6%, intermediate goods by 0.4% and energy by 0.3%.
"The continuing resurgence of imports is a healthy indication of robust investment demand as it continues to be driven by intermediate and capital goods. The anticipated recovery of the global economy, and brisk election spending will continue to drive imports to double-digit growth," said Economic Planning Secretary Arsenio M.
Growth in imports has remained buoyant for a year now, mainly due to robust gains in capital goods imports, it added.
BANKING AND CREDIT NEWS-September 17, 2015-Dow Jones indices name CNH industry leader in capital goods
M2 EQUITYBITES-September 17, 2015-Dow Jones indices name CNH industry leader in capital goods