Blog – Durable Goods and Capital Spending – USA and the World – May 2023 Summary: A report released by the Commerce Department on Friday unexpectedly showed a continued surge in new orders for U.S. manufactured durable goods in the month of April. The Commerce Department said durable goods orders jumped by 1.1 percent in April after spiking by 3.3 percent in March. The continued increase surprised economists, who had expected durable goods orders to slump by 1.0 percent. Orders for transportation equipment led the way higher once again, shooting up by 3.7 percent in April after soaring by 9.9 percent in March. Excluding orders for transportation equipment, durable goods orders dipped by 0.2 percent in April after rising by 0.3 percent in March. Economists had expected ex-transportation orders to edge down by 0.1 percent. Source - https://www.nasdaq.com/articles/u.s.-durable-goods-orders-unexpectedly-jump-1.1-in-april Additional sources/links: Capital spending outlook - https://ca.sports.yahoo.com/news/strong-corporate-earnings-helping-us-003840096.html ESG - https://www.grantthornton.com/events-and-webcasts/esg/2023/06-06-impacts-to-us-entities-and-how-to-prepare Drones and AI - https://ts2.space/en/autonomous-drones-how-ai-is-shaping-the-future-of-unmanned-flight/ or https://www.einnews.com/pr_news/635419313/global-drone-inspection-and-monitoring-market-to-grow-at-rate-of-15-8-through-2030 Infrastructure spending – https://www.bworldonline.com/top-stories/2023/05/26/524969/infrastructure-spending-declines-by-16-5-in-march/ Storm surge mitigation - https://www.ktbs.com/weather/hurricane-tracker/construction-to-begin-on-long-term-project-to-prevent-storm-surge-and-help-coastal-parishes/article_fbd541fe-fb9e-11ed-ad82-c32a504c8175.html Power Grid - https://www.reuters.com/business/energy/siemens-energy-plans-us-power-grids-push-tap-into-ira-boost-2023-05-25/ IT spending - https://www.gartner.com/en/newsroom/press-releases/2023-05-24-gartner-forecasts-worldwide-government-it-spending-to-grow-8-percent-in-2023 Asset performance - https://tech.einnews.com/pr_news/635120886/asset-performance-management-market-driven-by-need-for-predictive-maintenance-solutions-reaching-usd-7-52-bn-by-2027 Optimization - https://quandarycg.com/how-to-cut-costs-while-increasing-efficiency-in-your-business/

1. Durable Goods and
Capital Spending –
United States and the
World
Paul Young CPA CGA
May 26, 2023

2. CPA
Pre-Sales, Business
Development, and
Customer Success
Management SME
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – ESG and Sustainability Reporting and
Policy Development
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email:
paul_young_cga@outlook.com
LinkedIn: https://www.linkedin.com/in/paul-
young-055632b/

3. 3
Agenda
• Durable Goods
• Business Investment Outlook – 2021
• Supply Chain and Analytics
• Capital Ex Planning
• Blog – Supply Chain
• Blog – ESG Reporting
• Blog – Asset Monitoring
• Blog – Vegetation and Geospatial

4. 4
Durable Goods / Key Areas – USA
Source - https://www.census.gov/economic-indicators/index.php

5. 5
Durable Goods / Key Areas – USA
Source - https://www.census.gov/economic-indicators/index.php

6. 6
Durable Goods / Key Areas – USA
Source - https://www.census.gov/economic-indicators/index.php

7. 7
2023 – Capital
Spending

8. 8
Business Investment Outlook / 2022
capspendind.pdf

9. 9
Business Investment Outlook / 2021
Source - https://www.kiplinger.com/economic-forecasts/business-spending

10. 10
Capital Investment

11. 11
Supply Chain and Analytics

12. 12
Capital Expenditure Planning

13. 13
Blog – Supply Chain
Many thanks to Deloitte, MHI, Thomasnet for posting this survey.
It was a close race between the top four technology areas respondents said they are increasing supply chain resiliency
investments in:
 Inventory and network optimization — 54%
 Cloud computing and storage — 54%
 Robotics and automation — 53%
 Sensors and automatic identification — 52%
For more information, please see the following link: https://www.linkedin.com/pulse/blog-need-resilience-amid-pandemic-
disruption-powering-paul-young/?published=t

14. 14
How to Build Resilient Supply Chain
• Blog – How to build a resilient Supply Chain using Data and AI
https://ibm.box.com/s/bqy9mr0ktlgi64sbf49o4rg5d9w0rqkn

15. 15
ESG Reporting
Blog - Accountant’s face challenges with ESG reporting -
Financial professionals are confronting some big obstacles when it comes to environmental, social and governance
reporting, according to a new survey, including competing and sometimes conflicting disclosure frameworks, reporting
methodologies and stakeholder demands.
The report, released Thursday by Financial Executives International’s Financial Education & Research Foundation, polled
53 chief accounting officers and controllers from some of the largest U.S. companies, and found that 53% of the
respondents indicated they had not yet started to integrate ESG reporting with their financial reporting, while 43% said
they had only just started to do so. Data is the biggest single challenge to ESG reporting, with questions related to
collection, collation, analysis and control among the biggest ESG-related data questions. The plethora of competing
standards and frameworks is also a big challenge, with 85% of companies using multiple ESG reporting frameworks.
Finance professionals reported they had a hard time hearing through all the noise and providing relevant, concise ESG
metrics in telling their organization’s ESG story.
Source - https://www.accountingtoday.com/news/accountants-face-challenges-with-esg-reporting
Templates: https://ibm.box.com/s/nsbds2s5v8znpwqzc03p9urykbat38w0
Presentation: https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce

16. 16
Infrastructure /Monitoring
Blog - 407 ETR and Mohawk College using drone technology to help workers with maintenance -
https://www.linkedin.com/posts/paul-young-055632b_407-etr-and-mohawk-college-using-drone-technology-activity-
7067833711341309952-sVPE?utm_source=share&utm_medium=member_desktop
Blog - 407 ETR and Mohawk College using drone technology to help workers with maintenance.
407 ETR is collaborating with Mohawk College’s Unmanned and Remote Sensing Innovation Centre (URSIC) to evaluate
safer and more efficient ways of conducting visual inspections of overhead structures. Currently, employees physically climb
overhead gantries to perform manual inspections while traffic passes underneath.
Source - https://www.canadianmanufacturing.com/manufacturing/407-etr-and-mohawk-college-using-drone-technology-to-
help-workers-with-maintenancee-291888/
Additional sources:
ESG - https://www.slideshare.net/paulyoungcga/introductory-to-esg-and-sustainability-reportingpptx-257524640
Close, consolidate, and reporting - https://www.slideshare.net/paulyoungcga/close-consolidate-and-reporting-cyclepptx-
256864692
Crisis and Risk Management - https://www.slideshare.net/paulyoungcga/how-to-better-management-future-variants-and-
diseases-through-better-crisis-and-risk-manatgement

17. 17
Vegetation and Geospatial
https://www.linkedin.com/posts/rwlord_river-flood-highest-since-2001-in-miss-valley-activity-
7062395985708085249-YI2M?utm_source=share&utm_medium=member_desktop
Leverage data and AI as part mitigating geopolitical risks and threats is becoming increasing important for
both private and public sectors. The ability to leverage geospatial data with business analytical tools like
Cognos Analytics and Planning Analtyics can lead to better risk mitigation as part of safeguarding assets.
Blog – Geospatial data with Planning Analytics - https://www.linkedin.com/posts/paul-young-
055632b_geospatial-data-with-planning-analytics-activity-7062420172178915328-
l43Y?utm_source=share&utm_medium=member_desktop

18. 18
Summary
• Capital spending continues to face many challenges
Blog – Durable Goods and Capital Spending – USA and the World – May 2023
Summary:
A report released by the Commerce Department on Friday unexpectedly showed a continued
surge in new orders for U.S. manufactured durable goods in the month of April.
The Commerce Department said durable goods orders jumped by 1.1 percent in April after
spiking by 3.3 percent in March. The continued increase surprised economists, who had expected
durable goods orders to slump by 1.0 percent.
Orders for transportation equipment led the way higher once again, shooting up by 3.7 percent in
April after soaring by 9.9 percent in March.
Excluding orders for transportation equipment, durable goods orders dipped by 0.2 percent in
April after rising by 0.3 percent in March. Economists had expected ex-transportation orders to
edge down by 0.1 percent.
Source - https://www.nasdaq.com/articles/u.s.-durable-goods-orders-unexpectedly-jump-1.1-in-april
Additional sources/links:
Capital spending outlook - https://ca.sports.yahoo.com/news/strong-corporate-earnings-helping-us-
003840096.html
ESG - https://www.grantthornton.com/events-and-webcasts/esg/2023/06-06-impacts-to-us-entities-
and-how-to-prepare
Drones and AI - https://ts2.space/en/autonomous-drones-how-ai-is-shaping-the-future-of-unmanned-
flight/ or https://www.einnews.com/pr_news/635419313/global-drone-inspection-and-monitoring-
market-to-grow-at-rate-of-15-8-through-2030
Infrastructure spending – https://www.bworldonline.com/top-
stories/2023/05/26/524969/infrastructure-spending-declines-by-16-5-in-march/
Storm surge mitigation - https://www.ktbs.com/weather/hurricane-tracker/construction-to-begin-on-
long-term-project-to-prevent-storm-surge-and-help-coastal-parishes/article_f b
d541fe-f b
9e-11ed-ad82-
c32a504c8175.html
Power Grid - https://www.reuters.com/business/energy/siemens-energy-plans-us-power-grids-push-tap-
into-ira-boost-2023-05-25/