What Is the Capital Goods Industry?
Capital goods, often referred to as producer goods or means of production, are a category of tangible assets and durable goods that are used by businesses and organizations to produce other goods and services.
These goods are not typically intended for immediate consumption but rather for facilitating the production process, increasing productivity and generating value over an extended period.
Capital goods can encompass a wide range of items, including machinery, equipment, vehicles, tools, buildings and technology.
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