Blog – Durable Goods and Capital Spending Analysis – August 2023 Durable goods orders missed economist expectations Thursday. It was all due to Boeing. The overall stock market is higher, and shares of the commercial aerospace giant are down, but the economic data doesn’t have anything to do with either move. July durable goods orders reported by the Census Bureau came in down 5.2% year over year, a steeper decline than the roughly 4% decline predicted by economists surveyed by FactSet. But excluding transportation, orders were up 0.5% year over year, better than the 0.4% gain economists predicted. Source - https://www.barrons.com/livecoverage/stock-market-today-082423/card/durable-goods-orders-tumble-why-it-s-not-a-big-surprise--6Cbx6B5nCJqA7LRbFqqr Sources and links: Private capital raising - https://ca.news.yahoo.com/private-companies-struggle-raise-funds-205915922.html Blog – What is next for Natural Gas – August 2023 - https://www.linkedin.com/posts/paul-young-055632b_what-is-next-for-natural-gas-august-2023-activity-7100448532951699456-FlxN?utm_source=share&utm_medium=member_desktop Infrastructure - https://federalnewsnetwork.com/commentary/2023/08/more-federal-spending-should-come-with-investment-in-data-driven-tools-to-fight-fraud/ Mitigation - https://www.linkedin.com/posts/paul-young-055632b_why-hawaiis-wildfires-are-so-devastating-activity-7099016489382412288- ESG - https://www.putnam.com/individual/content/perspectives/9983-esg-materiality-analyzing-the-growing-role-of-esg-factors-in-executive-compensation Lithium - https://www.fastmarkets.com/insights/argentina-wary-lithium-regulations-affecting-supply-world-demand Automation - https://finance.yahoo.com/news/12-most-automated-industries-us-110857766.html AI - Blog – What is next for Generative AI – PWC - https://www.linkedin.com/posts/paul-young-055632b_whats-the-future-of-content-in-the-generative-activity-7100439604058624000-PD2i?utm_source=share&utm_medium=member_desktop Construction - https://www.businesswire.com/news/home/20230823670909/en/Construction-Commodities-Prices-Continue-to-Stabilize-as-Digital-and-Energy-Transformation-Continue-to-Drive-Industry-Growth ESG - https://finance.yahoo.com/news/bloomberg-survey-reveals-increasing-demand-144500930.html Renewable - https://www.theguardian. com/commentisfree/2023/aug/24/solar-and-windfarm-investment-is-drying-up-and-australia-needs-a-wake-up-call-on-the-future-of-the-electricity-grid

1. Durable Goods and
Capital Spending –
United States and the
World
Paul Young CPA CGA
Senior CSM – Data and AI
August 24, 2023

2. Paul Young CGA
CPA
Senior CSM – Data
and AI
• 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
BMO / Durable
Goods
Source – BMO Economics

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

8. 8
2023 – Capital
Spending

9. 9
Business Investment Outlook / 2022
capspendind.pdf

10. 10
Business Investment Outlook / 2021
Source - https://www.kiplinger.com/economic-forecasts/business-spending

11. 11
Capital Investment

12. 12
Supply Chain and Analytics

13. 13
Capital Expenditure Planning

14. 14
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

15. 15
How to Build Resilient Supply Chain
• Blog – How to build a resilient Supply Chain using Data and AI
https://ibm.box.com/s/bqy9mr0ktlgi64sbf49o4rg5d9w0rqkn

16. 16
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

17. 17
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

18. 18
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

19. 19
Summary
• Capital spending continues to face many challenges
Blog – Durable Goods and Capital Spending Analysis – August 2023
Durable goods orders missed economist expectations Thursday. It was all due to Boeing. The
overall stock market is higher, and shares of the commercial aerospace giant are down, but the
economic data doesn’t have anything to do with either move.
July durable goods orders reported by the Census Bureau came in down 5.2% year over year, a
steeper decline than the roughly 4% decline predicted by economists surveyed by FactSet. But
excluding transportation, orders were up 0.5% year over year, better than the 0.4% gain
economists predicted.
Source - https://www.barrons.com/livecoverage/stock-market-today-082423/card/durable-goods-
orders-tumble-why-it-s-not-a-big-surprise--6Cbx6B5nCJqA7LRbFqqr
Sources and links:
Private capital raising - https://ca.news.yahoo.com/private-companies-struggle-raise-funds-
205915922.html
Blog – What is next for Natural Gas – August 2023 - https://www.linkedin.com/posts/paul-young-
055632b_what-is-next-for-natural-gas-august-2023-activity-7100448532951699456-
FlxN?utm_source=share&utm_medium=member_desktop
Infrastructure - https://federalnewsnetwork.com/commentary/2023/08/more-federal-spending-should-
come-with-investment-in-data-driven-tools-to-fight-fraud/
Mitigation - https://www.linkedin.com/posts/paul-young-055632b_why-hawaiis-wildfires-are-so-
devastating-activity-7099016489382412288-
ESG - https://www.putnam.com/individual/content/perspectives/9983-esg-materiality-analyzing-the-
growing-role-of-esg-factors-in-executive-compensation
Lithium - https://www.fastmarkets.com/insights/argentina-wary-lithium-regulations-affecting-supply-
world-demand
Automation - https://finance.yahoo.com/news/12-most-automated-industries-us-110857766.html
AI - Blog – What is next for Generative AI – PWC - https://www.linkedin.com/posts/paul-young-
055632b_whats-the-future-of-content-in-the-generative-activity-7100439604058624000-
PD2i?utm_source=share&utm_medium=member_desktop
Construction - https://www.businesswire.com/news/home/20230823670909/en/Construction-
Commodities-Prices-Continue-to-Stabilize-as-Digital-and-Energy-Transformation-Continue-to-Drive-
Industry-Growth