Blog – Durable Goods and Capital Spending Outlook – United States and the World – March 2023 Durable Goods Summary: New orders for durable goods fell in February on transportation equipment, the Commerce Department reported today. Orders slid 1 percent to $268.4 billion last month, according to a monthly report. It was the third decline in the past four months and followed a revised fall of 5 percent in January. Excluding transportation, orders were almost unchanged. Excluding defense, new orders decreased 0.5 percent. The transportation category fell 2.8 percent to $89.4 billion, also the third decline in the past four months. Within transportation, orders for commercial aircraft and parts slipped 6.6 percent to $11.2 billion. Demand for commercial air travel has rebounded from COVID-19 lows. Still, aircraft maker Boeing Co. continues to confront manufacturing issues. Orders for defense aircraft and parts declined 11 percent to $5.4 billion. Source - https://www.sme.org/technologies/articles/2023/march/durable-goods-orders-decline-on-transportation/ Capital spending outlook for 2023 - https://mishtalk.com/economics/durable-goods-new-orders-decline-for-the-second-time-in-three-months Green spending top one trillion dollars in 2022 - https://www.corporateknights.com/category-finance/global-clean-energy-investing-tops-us1-trillion-for-first-time-ever/ Boosting productivity through digital adoption - https://www.forbes.com/sites/joemckendrick/2023/02/27/digital-technology-may-give--productivity-the-boost-it-needs/?sh=3e6da444fefe Input costs continue to see wild swings - https://www.tradealgo.com/news/march-saw-u-s-economic-growth-accelerate-to-a-10-month-high ESG and Sustainability adoption will continue drive key investments with both human capital and business capital as part of getting to net zero - https://www.phillipinvest.com.my/how-will-esg-and-energy-transition-evolve-on-the-path-towards-net-zero/ Agriculture and green adoption - https://green.org/2023/03/24/agricultural-tech-adoption-under-climate-change/ Green construction - https://www.marketwatch.com/press-release/green-technology-in-construction-market-share-by-2031-2023-03-24

1. Durable Goods and
Capital Spending –
United States
Paul Young CPA CGA
March 25, 2023

2. Paul Young – Senior
Data and AI Expert
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• 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/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

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

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
BMO Economics – Durable Good

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
Summary
• Capital spending continues to face many challenges
Blog – Durable Goods and Capital Spending Outlook – United States and the World – March 2023
Durable Goods Summary:
New orders for durable goods fell in February on transportation equipment, the Commerce
Department reported today.
Orders slid 1 percent to $268.4 billion last month, according to a monthly report. It was the third
decline in the past four months and followed a revised fall of 5 percent in January.
Excluding transportation, orders were almost unchanged. Excluding defense, new orders
decreased 0.5 percent.
The transportation category fell 2.8 percent to $89.4 billion, also the third decline in the past four
months.
Within transportation, orders for commercial aircraft and parts slipped 6.6 percent to $11.2
billion. Demand for commercial air travel has rebounded from COVID-19 lows. Still, aircraft
maker Boeing Co. continues to confront manufacturing issues.
Orders for defense aircraft and parts declined 11 percent to $5.4 billion.
Source - https://www.sme.org/technologies/articles/2023/march/durable-goods-orders-decline-on-
transportation/
Capital spending outlook for 2023 - https://mishtalk.com/economics/durable-goods-new-orders-decline-
for-the-second-time-in-three-months
Green spending top one trillion dollars in 2022 - https://www.corporateknights.com/category-
finance/global-clean-energy-investing-tops-us1-trillion-for-first-time-ever/
Boosting productivity through digital adoption -
https://www.forbes.com/sites/joemckendrick/2023/02/27/digital-technology-may-give--productivity-
the-boost-it-needs/?sh=3e6da444fefe
Input costs continue to see wild swings - https://www.tradealgo.com/news/march-saw-u-s-economic-
growth-accelerate-to-a-10-month-high