USA GDP decline in 1Q22 USA inflation is the highest in nearly 40 years USA continues to fail address issues with affordable housing and productivity

1. KEY PERFORMANCE
INDICATORS FOR
THE UNITED STATES
– FEBRUARY 2022
AND MARCH 2022
Paul Young CPA CGA
April 29, 2022

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. AGENDA
• KPI (Macro and Micro Indicators
• USA GDP
• Analysis of Durable Goods
• Retail Sales / USA
• CPI – Inflation
• USA Employment
• Merchandise Trade
• Stock Market
• Wage Growth Analysis
• Housing Market – USA
• Fiscal Update / CBO
• USA Border / Texas

4. KEY MACRO AND MICRO INDICATORS
FOR THE UNITED STATES

5. MARCH 2022 – GDP
USA_GDP_1Q22.pdf

6. USA GDP
Source - https://www.bea.gov/news/2021/gross-domestic-product-state-4th-
quarter-2020-and-annual-2020-preliminary

7. USA GDP
Source -
https://www.bea.gov/n
ews/2021/gross-
domestic-product-
state-4th-quarter-
2020-and-annual-
2020-preliminary

8. USA VS CANADA – RETAIL SALES
BMO -
https://economics.bmo.com/en/publications/detail/a853fd96-
0cca-432a-b7aa-2ebe705ff650/
https://economics.bmo.com/en/publicati
ons/detail/6f2cf917-a368-482e-8c45-
6cdd63a6020b/
U.S. Retail Sales
Deflating.pdf

9. DURABLE GOODS / KEY AREAS – USA
Source - https://www.census.gov/economic-indicators/index.php
Durable goods sales
- USA March 2022.pdf

10. OECD AND INFLATION

11. BMO – CONSUMER PRICE INDEX
Source -
https://economics.bmo.com/en/publications/detail/
2cb89f8c-5f2c-4cd1-b642-550ea67076e2/
Source – BMO - https://economics.bmo.com/en/publications/detail/f3043170-c659-40f3-
b37f-14ca75272422/
U.S. CPI More To The
Core.pdf
Canadian Inflation
Six-point-Seven Degrees of Separation.pdf

12. USA VS CANADA EMPLOYMENT Cdn Jobs Silver
Lining in Reopening Playbook.pdf
BMO - USA
Employment - 202203.pdf
Canadian Jobless
Rate Going Low.pdf

13. NET NEW JOBS – UNITED STATES
Source - https://www.bls.gov/news.release/empsit.nr0.htm#
PRESENTATION TITLE 13

14. TOTAL USA EMPLOYMENT
Source - https://www.bls.gov/news.release/empsit.nr0.htm#

15. TRADE ANALYSIS
- USA
https://www.census.gov/for
eign-trade/data/index.html
Bureau of Economic
Stats - Trade - USA - February 2022.pdf

16. COUNTRY / TRADE – USA
Source – USA government

17. TRADE ANALYSIS - USA
Source - https://www.census.gov/foreign-trade/data/index.html

18. ANALYSIS OF
IMPORTS AND
EXPORTS

19. SUMMARY
PRESENTATION TITLE 19
Summary:
Summary:
The stock market sold off sharply Friday, as bond yields hit new highs, reflecting the Federal Reserve’s intent to rapidly
hike short-term interest rates. The 2-year Treasury yield closed at a new multi-year high.
The Dow Jones Industrial Average closed down 981 points, or 2.8%, while the S&P 500 was down 2.8%. The Nasdaq
Composite fell 2.6%. The Dow had its worst day since October 28, 2020.
Source https://www.barrons.com/articles/stock-market-today-51650617605 and
https://www.slideshare.net/paulyoungcga/what-is-up-with-the-stock-market-april-21-2022pptx
Stock market news
live updates Stocks extend losses as investors weigh hawkish Powell remarks, more corporate earnings.pdf
Analysis Growth
slowdown fears temper bullishness on commodity currencies Reuters.pdf
How war in Ukraine is
reshaping global order – Harvard Gazette.pdf
Global public debt to
fall to 94.4% of GDP in 2022 IMF.pdf
Opinion The Russian
Invasion of Ukraine in Context Global Risk Insights.pdf
Will the Housing
Market Crash .pdf
Peterborough letter
Housing crisis isn’t a partisan issue ThePeterboroughExaminer.com.pdf
Agritech investments
needed now to shore up B.C. food security - Commentary Business in Vancouver.pdf
Robotic Disruption in
US Workforce Leads to New Opportunities and Challenges RoboticsTomorrow.pdf
Weekly roundup
monetary policy will determine greenflation - Green Central Banking.pdf
Free Markets vs.
Green Energy - WSJ.pdf
Financial insecurity is
the next great health crisis Modern Healthcare.pdf
How technology can
help solve the healthcare affordability crisis.pdf
Shanghai’s Plan to
Reboot the Supply Chain Will Hit Workers Hardest WIRED.pdf
Stagflation Threat Is
Latest Nail-Biter For Retailers.pdf
Why Is the Stock
Market Down Today Dow Dropped Nearly 1,000 Points as Bond Yields Rose. Barron's.pdf
v
Blog – Stock Market – WE April 21, 2022
Hawks Still
Circling.pdf
Stock market news
live updates Stocks extend losses as investors weigh hawkish Powell remarks, more corporate earnings.pdf
WestpacWeekly.pdf China Economic.pdf
Summary:
The stock market sold off sharply Friday, as bond yields hit new highs, reflecting the Federal
Reserve’s intent to rapidly hike short-term interest rates. The 2-year Treasury yield closed at a
new multi-year high.
The Dow Jones Industrial Average closed down 981 points, or 2.8%, while the S&P 500 was
down 2.8%. The Nasdaq Composite fell 2.6%. The Dow had its worst day since October 28,
2020.
Source https://www.barrons.com/articles/stock-market-today-51650617605
1. Commodity Price - https://www.reuters.com/business/finance/growth-slowdown-fears-temper-
bullishness-commodity-currencies-2022-04-21/
2. Global GDP - https://news.harvard.edu/gazette/story/2022/04/how-war-in-ukraine-is-
reshaping-global-order/
3. Government Debt - https://www.aa.com.tr/en/economy/global-public-debt-to-fall-to-944-of-
gdp-in-2022-imf/2570337
4. Geopolitical Risks - https://globalriskinsights.com/2022/04/opinion-the-russian-invasion-of-
ukraine-in-context/
5. Housing bubble - https://clark.com/homes-real-estate/housing-market-crash/ and
https://www.thepeterboroughexaminer.com/opinion/letters-to-the-
editors/2022/04/22/peterborough-letter-housing-crisis-isnt-a-partisan-issue.html
6. Food - https://biv.com/article/2022/04/agritech-investments-needed-now-shore-bc-food-
security

20. HOUSING / UNITED STATES

21. PERSONAL INCOME
Source – USA Government
Personal Income and
Consumption.pdf

22. CBO REPORT – BUDGET – UNITED
STATES – MARCH 2022
CBP Enforcement
Statistics Fiscal Year 2022 U.S. Customs and Border Protection.pdf

23. PERSONAL INCOME AND CONSUMPTION
Personal Income and
Consumption.pdf

24. CBO – REPORT – MARCH 2022
Source – CBO
March 2022_CBO.pdf

25. WHAT’S NEXT
• Ability of the United States along with other countries to roll out vaccinations as part of re-opening their
economy will be key over the next few months - https://www.slideshare.net/paulyoungcga/geopolitical-events-
vaccines-distribution-canada-march-20-2021
• All levels of government need to ensure their crisis/risk management reports are audited every year as part of
safeguarding assets from geopolitical events - https://www.slideshare.net/paulyoungcga/why-there-needs-to-
be-audited-reports-of-crisis-emergency-management-policies-and-procedures
• United States like many countries needs to review its policies related to the circular economy -
https://www.slideshare.net/paulyoungcga/how-to-maximized-the-circular-economy-244067365
• Aligning education with jobs of today and tomorrow will be key to supporting short-term and long-term
economic growth - https://www.slideshare.net/paulyoungcga/human-capital-management-skills-development-
analysis-and-commentary-february-2021
• Reforming global trade through modernization of WTO will be key part of reducing protectionism policies -
https://www.slideshare.net/paulyoungcga/merchandise-trade-usa-january-2021
• There needs to be global discussion on how best to reform both domestic and the global economy -
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-march-2021
Blog – Key Macro and Micro Indicators for the United States – February 2022 and March 2022
USA_GDP_1Q22.pdf BNS_GDP_USA.pdf Personal Income and
Consumption.pdf
CBP Enforcement
Statistics Fiscal Year 2022 U.S. Customs and Border Protection.pdf
Commodity prices
back on the rise ahead of key inflation data – What’s next [Video].pdf
Corn and soybean
prices surge near record highs.pdf
Latest GDP numbers
bungle Biden’s messaging on economy The Hill.pdf
U.S. GDP fell at a
1.4% pace to start the year as pandemic recovery takes a hit.pdf
all_charts.pdf Trade deficit hits
record high in March UBS United States of America.pdf
Bipartisan Innovation
Act Shouldn't Cast a Pall on U.S. Investment in China - Bloomberg.pdf
25 Cheapest U.S.
Cities to Live In Kiplinger.pdf
Iran Ramps Up Oil
Exports As China Pulls Back On Russian Crude Mint.pdf
Critics call states'
switch to flat income tax a boon for the wealthy.pdf
Amid turbulent race,
U.S. Senate GOP candidates lay out views on taxes and foreign policy WKSU.pdf
The Labor Shortage
and M&A Deals Why Focusing on Skills Is Key – BRINK – Conversations and Insights on Global Business.pdf
Lessons from the U.S.
on buying clean construction materials.pdf
EQT may invest in US
LNG facility as upstream producers tap international markets S&P Global Commodity Insights.pdf
57867-Debt.pdf Fed’s Mester Sees
U.S. Inflation Rate at More Than 2% Into 2023 - BNN Bloomberg.pdf
Electricity
https://www.theenergymix.com/2022/04/24/u-s-grids-plan-140b-per-year-for-system-upgrades-in-
2022-2023/
Climate Change
https://www.fb.org/newsroom/americas-farmers-are-reducing-greenhouse-gas-emissions
https://www.utilitydive.com/news/transportation-cut-carbon-emissions-2030/622568/
U.S. Grids Plan $140B
Per Year for System Upgrades in 2022, 2023 - The Energy Mix.pdf
America’s Farmers
are Reducing Greenhouse Gas Emissions.pdf
US transportation
sector could cut carbon emissions 34% by 2030 analysis Utility Dive.pdf
1. Commodity Prices - https://www.fxstreet.com/analysis/commodity-prices-back-on-the-rise-
ahead-of-key-inflation-data-whats-next-video-202204290842
2. Corn and Soya - https://finance.yahoo.com/video/corn-soybean-prices-surge-near-
192532804.html
3. GDP - https://thehill.com/policy/finance/3470899-latest-gdp-numbers-bungle-bidens-
messaging-on-us-economy/ and https://www.cnbc.com/2022/04/28/us-q1-gdp-growth.html
4. Trade - https://www.ubs.com/us/en/wealth-management/insights/market-
news/article.1564334.html
5. Competitiveness - https://www.ubs.com/us/en/wealth-management/insights/market-
news/article.1564334.html

26. OTHER
SOURCES
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning and,
development then feel free
to review my material on
https://www.udemy.com/
(search Paul Young CPA CGA

27. OTHER SOURCES
• You can additional information on USA via my SlideShare account -
https://www.slideshare.net/paulyoungcga