Summary:
Durable goods orders in the United States increased by 0.4% in April compared to the previous month and stood at $265.3 billion, according to a preliminary report by the US Census Bureau on Wednesday. The growth was softer than the expected 0.6%.
Shipments of manufactured durable goods in April were up by 0.1% to $264.3 billion compared to March, while inventories grew by 0.8% to $479.4 billion. Unfilled orders increased by 0.5% to $1,106.7 billion.
Source - https://www.teletrader.com/us-durable-goods-orders-up-0-4-in-april/news/details/57950547?internal=1&ts=1653516421674
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
(Advance - April 2022.pdf
5. 5
USA Durable Goods – April 2022
Source - https://economics.bmo.com/en/publications/detail/8f0ab6a6-
76cf-44d2-95b7-e226846d893e/
U.S. Durable Goods
Orders Hum in April - BMO.pdf
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
14. 14
Summary
• Canada continues to lag other countries when it comes to attracting FDI.
• Canada lacks a coherent strategy when it comes to advance manufacturing as well as developing its natural resources
in a sustainable way.
• US federal government needs to address issues with both energy and food security
• Various states continue to push the Biden government on energy security
• Two years after COVID19 little strides have been made to build a resilient supply chain both domestically and
internationally
• Georgia, Alabama, Texas, Alabama, and Tennesee continue to key destinations for investment
• Progressive governments continue to push expensive social programs without considering how those programs impact
their fiscal gap and/or mean to their competitiveness!
Blog – Durable Goods and Capital Spending – USA and the World – April 2022
Durable Goods USA
(Advance - April 2022.pdf
U.S. Durable Goods
Orders Hum in April - BMO.pdf
U.S. Durable Goods
Orders Hum in April - BMO.pdf
U.S. Durable Goods
Orders Climb 0.4% In April, Less Than Expected Nasdaq.pdf
U.S. business
spending on equipment shows signs of slowing in April Nasdaq.pdf
COVID-style deficits
now completely misguided Fraser Institute.pdf
Companies Might Be
Getting Weak in the Knees on Capital Spending - WSJ.pdf
Net Zero
Opportunities a provincial perspective Canadian Climate Institu
Canada Urgently
Needs to Rethink Its National Security Strategy Center for Strategic and International Studies.pdf
why-audit-committee
s-should-know-about-asset-retirement-obligations-en.pdf
Lessons for private
sector funding of conservation in a changing world Greenbiz.pdf
bii-global-outlook-in-
charts.pdf
Why net zero without
a ‘just transition’ is not an option - Climate Champions.pdf
Global stocks set for
partial, lackluster and uneven recovery Reuters poll Reuters.pd
Ontario budget
boosts capital spending, supports roads, skilled trades - constructconnect.com.pdf
Summary:
Durable goods orders in the United States increased by 0.4% in April compared to the previous
month and stood at $265.3 billion, according to a preliminary report by the US Census Bureau on
Wednesday. The growth was softer than the expected 0.6%.
Shipments of manufactured durable goods in April were up by 0.1% to $264.3 billion compared
to March, while inventories grew by 0.8% to $479.4 billion. Unfilled orders increased by 0.5% to
$1,106.7 billion.
Source - https://www.teletrader.com/us-durable-goods-orders-up-0-4-in-
april/news/details/57950547?internal=1&ts=1653516421674
1. Durable Goods - https://www.nasdaq.com/articles/u.s.-durable-goods-orders-climb-0.4-in-april-
less-than-expected
2. Capital spending - https://www.nasdaq.com/articles/u.s.-business-spending-on-equipment-
shows-signs-of-slowing-in-april