Here is my analysis of capital spending including durable goods.

1. Durable Goods and
Capital Spending –
United States –
November 2021
Paul Young CPA CGA
December 23, 2021

2. Paul Young - Bio
• 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@hotmail.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
Durable Goods - USA
- press.pdf

5. 5
USA Durable Goods – November 2021
Source – https://economics.bmo.com/en/publications/detail/b7d5269e-
a034-4317-b16c-448488ddc62f/
Blog – Durable Goods – USA – November 2021
Durable Goods - USA
- press.pdf
Why 2022 will be a
'more challenging' year for commodities such as oil and gold - MarketWatch.pdf
Top 10 Business
Intelligence Trends The Enterprise World.pdf
Businesses In IT
Robotic Automation Market Speed Up Implementation, Integrating Platforms With
Durable Goods - USA
- press.pdf
Durable Goods -
BMO - USA - November 2021.pdf
U.S. aviation, telecom
industries report progress over 5G safety talks By Reuters.pdf
Congress Approves $
778 Billion In Military Spending For What X99News.pdf
Investment Outlook
2022 A Hotter Cycle Morgan Stanley.pdf
ESG and Capital.pdf What trends will
dominate FDI markets in 2022 Investment Monitor.pdf
Autonomous
exploration the potential for drones in t
The World’s Top
Recipients of Foreign Direct Investment – IMF Blog.pdf
Energy transition
metals price outlook 2022 - Fastmarkets.pdf
Business spending also looks to have cooled somewhat in November. Although surging aircraft
bookings sent durable goods orders flying 2.5% higher in the month, nondefense capital goods orders
excluding aircraft fell slightly amid lower machinery sales. Still, the dip in core orders followed an
upwardly revised 0.9% advance the prior month and eight consecutive monthly increases, and reflected
a second straight advance in the hard-hit auto industry. As well, nondefense capital goods shipments
rose modestly in November, and are now up 5.6% annualized in the quarter from Q3.
Source - https://economics.bmo.com/en/publications/detail/b7d5269e-a034-4317-b16c-448488ddc62f/
1. Telecom investment - https://www.investing.com/news/economy/us-aviation-telecom-
industries-report-progress-over-5g-safety-concerns-2721315
2. Defense spending - https://x99news.com/2021/12/22/congress-approves-778-billion-in-
military-spending-for-what/
3. Capital investment - https://www.morganstanley.com/ideas/investment-outlook-2022-hotter-
business-cycle
4. ESG and Capital - https://impaxam.com/insights-and-news/blog/outlook-2022-the-journey-
towards-a-sustainable-economy-takes-flight/
5. FDI - https://www.investmentmonitor.ai/insights/fdi-forecasts-and-trends-to-watch-in-2022
6. Drones and Mining - https://mine.nridigital.com/mine_jan22/drones_mining_exploration
7. Energy transition metals - https://www.fastmarkets.com/energy-transition-metals-price-
outlook-2022
8. Commodities - https://www.fastmarkets.com/energy-transition-metals-price-outlook-2022
9. Copper and Aluminum - https://oilprice.com/Metals/Commodities/2-Commodities-To-Beat-Oil-
In-2022.html
10. Mining sector - https://www.fitchratings.com/research/corporate-finance/fitch-ratings-2022-
outlook-global-mining-13-12-2021
11. Business Automation spending – https://www.digitaljournal.com/pr/businesses-in-it-robotic-
automation-market-speed-up-implementation-integrating-platforms-with-machine-learning-to-
up-the-ante-for-incumbents-tmr
12. BI - https://theenterpriseworld.com/top-10-business-intelligence-trends-in-2021/

6. 6
Business Investment Outlook / 2021
Source - https://www.foodprocessing.com/articles/2021/capital-spending-
outlook/

7. 7
Business Investment Outlook / 2021
Source - https://www.kiplinger.com/economic-forecasts/business-spending

8. 8
Capital Investment

9. 9
Supply Chain and Analytics

10. 10
Capital Expenditure Planning

11. 11
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

12. 12
How to Build Resilient Supply Chain
• Blog – How to build a resilient Supply Chain using Data and AI
https://ibm.box.com/s/bqy9mr0ktlgi64sbf49o4rg5d9w0rqkn

13. 13
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