This presentations looks at durable goods for United States. Durable goods are a key area in terms of looking at business investment. Business investment in areas like capital is key to productivity as well as business view on making strategic investments to expand their business.

1. Paul Young CPA, CGA
Management/Financial Solutions Consultant
Date: February 28, 2017
United States Durable Goods – January 2017

2. • Summary
• Analysis of Durable Goods
• Canada Economic Forecast (including business investment)
• United States Economic Forecast (including business Investment)
Agenda

3. USA Durable Goods/Graph

4. Source - https://www.census.gov/manufacturing/m3/adv/pdf/durgd.pdf or http://www.cnbc.com/2017/02/27/us-durable-goods-orders-jan-2017.html
Durable Goods
Strengths
Weakness

5. • Source – Scotiabank
Analysis of Durable Goods
Key quotes:
• Business investment in machinery and equipment is only about 6%
of the US economy in real terms, so on its own, a pick-up in
investment would help the broad economic outlook, but it would be
inadequate to super-accelerate the US economic outlook.
• Orders for computers and electronics were down 1.6%, electrical
equipment fell 2.2%, and primary metals were 1.6% lower.
Machinery orders were up 0.5% and fabricated metals advanced by
1.9%. – Scotiabank

6. • Source - BMO
Canada Economic outlook

7. • Source - BMO
USA Economic outlook