Consumer goods


 

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Consumer goods

Goods not used in production but, bought for personal or household use such as food, clothing, and entertainment.



Consumer goods

Similar Matches

Change in consumer surplus

Change in consumer surplus

The change in consumer surplus due to a change in market conditions, usually a price change. For a price change, it is measured by the area to the left of the demand curve between the two prices, indicating a gain if price falls and a loss if it rises.


Consumer credit

Consumer credit

Credit a firm grants to consumers for the purchase of goods or services. Also called retail credit.


National Foundation for Consumer Credit

National Foundation for Consumer Credit

A nonprofit organization that seeks to help consumers who have taken on too much debt by helping them work out payment plans and supplying credit counseling.


Consumer support estimate

Consumer support estimate

Introduced by the OECD to quantify agricultural policies, this measures transfers to or from consumers that are implicit in these policies. Since industrialized-country agricultural producers are routinely supported by raising prices, CSE estimates are usually negative. See also PSE.


Consumer Price Index

Consumer Price Index

The CPI, as it is called, measures the prices of consumer goods and services and is a measure of the pace of US inflation. The US Department of Labor publishes the CPI every month.


Further Suggestions

Consumer debenture
consumer durables
Consumer Advisory Council (CAC)
Consumer durables
Consumer Credit Protection Act of 1968
Consumer price index
Consumer surplus
consumer price index
Consumer finance company
Consumer movement
Consumer interest


 
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