They include the legacy of high debt and earlier deficits, trade unions that have consistently thwarted reform, and obsolete industries producing goods so shoddy that they would be uncompetitive at almost any exchange rate.

ECONOMIST: Economics focus

Nor should we manufacture goods rendered obsolete by technological advances or shifting tastes.

FORBES: Oil Spikes, Double Dips And Dilapidated Dollars

Some items, like perishable goods or "hot" cyclical fashion items, carry the additional risk of becoming stale or obsolete before they can be sold.

FORBES: Magazine Article