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Durable Goods - United States - August 2017
1. DURABLE GOODS –
USA – AUGUST 2017
BY: PAUL YOUNG CPA, CGA
DATE: SEPTEMBER 27, 2017
2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. DURABLE GOODS – USA
Source – BMO Economics
U.S. durable goods orders rose 1.7%
in August, lifted by a 44.8% surge
in nondefense aircraft & parts. But
the latest increase does not erase
July’s deep 6.8% drop and besides,
the headline is volatile. So look
beyond the headline. Excluding
transportation, orders edged up
0.2%, roughly in line with
expectations. The gains were fairly
broad-based and included the likes
of computers/electronics,
machinery, communications, and
autos.
4. TRUMP TAX
Source - https://www.cnbc.com/2017/09/25/trump-tax-plan-what-we-know-about-republican-tax-reform-proposal.html
Some of the expected tax provisions include:
• A Republican familiar with the White House plans confirmed negotiators are pursuing a
corporate rate of 20 percent, despite President Donald Trump's suggestion Sunday afternoon
that he would still prefer to see a 15 percent rate.
• The framework would also set a slightly higher rate of 25 percent for "pass through"
businesses, the person said.
• The administration is also pushing for a top individual rate of 35 percent — the same number it
proposed in a one-page outline of principles in April, according to the source. But there is not
yet agreement among the negotiators over what the effective rate for the wealthiest households
should be.
5. SMALL BUSINESS / USA
Source - http://www.marketwatch.com/story/small-business-capital-spending-plans-jump-to-post-recession-high-2017-09-12
6. CANADA (INFLOW AND OUTFLOW - INVESTMENT
Source - http://www.statcan.gc.ca/daily-quotidien/170830/dq170830a-eng.pdf