3. Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
4. Agenda
• Economic Forecast
• Machine Tool Orders
• Robotic Orders
• Class 8 Truck Sales
• Equipment Manufacturing
• Canada Cap spending 2016 vs- 2015
• United States Capital Spending Analysis
6. Machine Tool Orders/Sales
Comments:
While dealing with persistent economic challenges and a softer market that’s likely to last into the fourth quarter,
manufacturers are leveraging productivity gains to stay competitive,” said AMT President Douglas K. Woods. “The
outlook from industry economists improves toward year’s end on two particular strengths of the U.S. economy:
foreign direct investment and a resurgent consumer base. For now, manufacturing technology makers are focused on
finding markets that offer the best opportunity, like automotive, aerospace and medical. Sentiment among
manufacturing executives remains optimistic about future capital equipment investment.”
8. Class 8 – Truck Sales
Comments:
North American freight shipments continued to rise in April, although at a much lower rate than earlier in the year.
This slowdown mirrors the slowdown in the economy, according to the Freight Index published by Cass Information
Systems.