Durable Goods and Capital Spending - United States and the World - September 2022.pptx
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Blog – Durable Goods and Capital Spending – United States and the World – September 2022 Capital spending appears to be heading downward as part of recession fears in 2023 R&D appears to also face cuts due to the fear of a recession in 2023 Ports and intermodal capital spending is required to address issues with port capacity 2023 will be challenging year for both the private and public sectors Power grid needs to make major capital investments as part of net zero plans as well as supporting power demands. Cash reserves by corporation has decline over the past year.
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Durable Goods and Capital Spending - USA - Durable Goods - March 2022.pptx
Bookings for durable goods -- items meant to last at least three years -- increased 0.8% in March after a revised 1.7% decline a month earlier, Commerce Department figures showed Tuesday. The figures aren’t adjusted for inflation.
The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, rose by a larger-than-forecast 1%.
https://ca.finance.yahoo.com/news/u-durable-goods-orders-rise-123253220.html
Durable Goods and Capital Spending - USA - Durable Goods - February 2022.pptx
This document provides an overview and analysis of durable goods and capital spending in the United States and globally in February 2022. It includes:
- Data on US durable goods orders in February 2022 which showed no change from the previous month.
- Discussion of the business investment outlook for 2021-2022, noting expectations for a wave of investment.
- An agenda covering topics like durable goods trends, the supply chain, capital expenditure planning, and blogs on building supply chain resilience and challenges with ESG reporting.
- Background and contact information for the author, Paul Young, an expert in various areas of business including indicators, auditing, and emerging technology.
Durable Goods and Capital Spending - USA - Durable Goods - May 2022.pptx
Summary:
Bookings for durable goods -- items meant to last at least three years -- increased 0.7% in May after a revised 0.4% advance a month earlier, Commerce Department figures showed Monday. The figures aren’t adjusted for inflation.
The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, rose 0.5% after a 0.3% gain a month earlier.
The median estimates in a Bloomberg survey of economists called for a 0.1% increase in orders for all durable goods and a 0.2% gain in the core figure.
The broad pickup in orders suggests capital investment was firm in May even as more recent manufacturing data have started to show signs of softening. Several regional Fed measures of economic activity deteriorated or outright contracted in June, including in New York state and the Philadelphia area.
S&P Global’s manufacturing output index also sunk into contraction territory, stymied by high prices, weaker demand and materials shortages. So did new orders.
Source: https://news.yahoo.com/us-durable-goods-orders-exceed-123853901.html
Durable Goods and Capital Spending - USA - Durable Goods - April 2022.pptx
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
Durable Goods and Capital Spending - United States and the World - July 2022....
Blog – Durable Goods and Capital Spending – United States and the World
Summary:
Few orders for U.S. manufactured durable goods were virtually unchanged in the month of July, according to a report released by the Commerce Department on Wednesday.
The Commerce Department said durable goods orders edged down by less than a tenth of a percent in July after surging by a revised 2.2 percent in June.
Economists had expected durable goods orders to increase by 0.6 percent compared to the 2.0 percent jump that had been reported for the previous month.
Excluding a pullback in orders for transportation equipment, durable goods orders rose by 0.3 percent for the second straight month. Ex-transportation orders were expected to inch up by 0.2 percent.
Source: https://www.nasdaq.com/articles/u.s.-durable-goods-orders-unchanged-in-july
What is next for the Global Economy| August 2021
Paul Young provides an agenda for discussing the world economy in August 2021. The agenda covers topics such as GDP growth, commodities, stock markets, geopolitical risks, unemployment rates, growth areas, COVID-19 deficit spending, infrastructure, the green economy, trade, eCommerce, and housing affordability. Sources are provided for each topic ranging from economic reports and forecasts to Paul's own blog posts and presentations.
Durable Goods and Capital Spending - United States and the World - March 2023...
Blog – Durable Goods and Capital Spending Outlook – United States and the World – March 2023
Durable Goods Summary:
New orders for durable goods fell in February on transportation equipment, the Commerce Department reported today.
Orders slid 1 percent to $268.4 billion last month, according to a monthly report. It was the third decline in the past four months and followed a revised fall of 5 percent in January.
Excluding transportation, orders were almost unchanged. Excluding defense, new orders decreased 0.5 percent.
The transportation category fell 2.8 percent to $89.4 billion, also the third decline in the past four months.
Within transportation, orders for commercial aircraft and parts slipped 6.6 percent to $11.2 billion. Demand for commercial air travel has rebounded from COVID-19 lows. Still, aircraft maker Boeing Co. continues to confront manufacturing issues.
Orders for defense aircraft and parts declined 11 percent to $5.4 billion.
Source - https://www.sme.org/technologies/articles/2023/march/durable-goods-orders-decline-on-transportation/
Capital spending outlook for 2023 - https://mishtalk.com/economics/durable-goods-new-orders-decline-for-the-second-time-in-three-months
Green spending top one trillion dollars in 2022 - https://www.corporateknights.com/category-finance/global-clean-energy-investing-tops-us1-trillion-for-first-time-ever/
Boosting productivity through digital adoption - https://www.forbes.com/sites/joemckendrick/2023/02/27/digital-technology-may-give--productivity-the-boost-it-needs/?sh=3e6da444fefe
Input costs continue to see wild swings - https://www.tradealgo.com/news/march-saw-u-s-economic-growth-accelerate-to-a-10-month-high
ESG and Sustainability adoption will continue drive key investments with both human capital and business capital as part of getting to net zero - https://www.phillipinvest.com.my/how-will-esg-and-energy-transition-evolve-on-the-path-towards-net-zero/
Agriculture and green adoption - https://green.org/2023/03/24/agricultural-tech-adoption-under-climate-change/
Green construction - https://www.marketwatch.com/press-release/green-technology-in-construction-market-share-by-2031-2023-03-24
Manufacturing Sector – Canada – September 2023.pptx
- Canadian manufacturing sales increased 1.6% in July, led by higher sales in food products, petroleum and coal products, and transportation equipment. Paper and plastics sales decreased the most.
- Inventory levels increased slightly while unfilled orders decreased, pointing to a potential slowdown.
- The manufacturing sector in Canada will continue to face challenges such as global economic uncertainty, rising costs, supply chain issues, climate change risks, and skills shortages.
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Durable Goods and Capital Spending - USA - Durable Goods - March 2022.pptx
Bookings for durable goods -- items meant to last at least three years -- increased 0.8% in March after a revised 1.7% decline a month earlier, Commerce Department figures showed Tuesday. The figures aren’t adjusted for inflation.
The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, rose by a larger-than-forecast 1%.
https://ca.finance.yahoo.com/news/u-durable-goods-orders-rise-123253220.html
Durable Goods and Capital Spending - USA - Durable Goods - February 2022.pptx
This document provides an overview and analysis of durable goods and capital spending in the United States and globally in February 2022. It includes:
- Data on US durable goods orders in February 2022 which showed no change from the previous month.
- Discussion of the business investment outlook for 2021-2022, noting expectations for a wave of investment.
- An agenda covering topics like durable goods trends, the supply chain, capital expenditure planning, and blogs on building supply chain resilience and challenges with ESG reporting.
- Background and contact information for the author, Paul Young, an expert in various areas of business including indicators, auditing, and emerging technology.
Durable Goods and Capital Spending - USA - Durable Goods - May 2022.pptx
Summary:
Bookings for durable goods -- items meant to last at least three years -- increased 0.7% in May after a revised 0.4% advance a month earlier, Commerce Department figures showed Monday. The figures aren’t adjusted for inflation.
The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, rose 0.5% after a 0.3% gain a month earlier.
The median estimates in a Bloomberg survey of economists called for a 0.1% increase in orders for all durable goods and a 0.2% gain in the core figure.
The broad pickup in orders suggests capital investment was firm in May even as more recent manufacturing data have started to show signs of softening. Several regional Fed measures of economic activity deteriorated or outright contracted in June, including in New York state and the Philadelphia area.
S&P Global’s manufacturing output index also sunk into contraction territory, stymied by high prices, weaker demand and materials shortages. So did new orders.
Source: https://news.yahoo.com/us-durable-goods-orders-exceed-123853901.html
Durable Goods and Capital Spending - USA - Durable Goods - April 2022.pptx
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
Durable Goods and Capital Spending - United States and the World - July 2022....
Blog – Durable Goods and Capital Spending – United States and the World
Summary:
Few orders for U.S. manufactured durable goods were virtually unchanged in the month of July, according to a report released by the Commerce Department on Wednesday.
The Commerce Department said durable goods orders edged down by less than a tenth of a percent in July after surging by a revised 2.2 percent in June.
Economists had expected durable goods orders to increase by 0.6 percent compared to the 2.0 percent jump that had been reported for the previous month.
Excluding a pullback in orders for transportation equipment, durable goods orders rose by 0.3 percent for the second straight month. Ex-transportation orders were expected to inch up by 0.2 percent.
Source: https://www.nasdaq.com/articles/u.s.-durable-goods-orders-unchanged-in-july
What is next for the Global Economy| August 2021
Paul Young provides an agenda for discussing the world economy in August 2021. The agenda covers topics such as GDP growth, commodities, stock markets, geopolitical risks, unemployment rates, growth areas, COVID-19 deficit spending, infrastructure, the green economy, trade, eCommerce, and housing affordability. Sources are provided for each topic ranging from economic reports and forecasts to Paul's own blog posts and presentations.
Durable Goods and Capital Spending - United States and the World - March 2023...
Blog – Durable Goods and Capital Spending Outlook – United States and the World – March 2023
Durable Goods Summary:
New orders for durable goods fell in February on transportation equipment, the Commerce Department reported today.
Orders slid 1 percent to $268.4 billion last month, according to a monthly report. It was the third decline in the past four months and followed a revised fall of 5 percent in January.
Excluding transportation, orders were almost unchanged. Excluding defense, new orders decreased 0.5 percent.
The transportation category fell 2.8 percent to $89.4 billion, also the third decline in the past four months.
Within transportation, orders for commercial aircraft and parts slipped 6.6 percent to $11.2 billion. Demand for commercial air travel has rebounded from COVID-19 lows. Still, aircraft maker Boeing Co. continues to confront manufacturing issues.
Orders for defense aircraft and parts declined 11 percent to $5.4 billion.
Source - https://www.sme.org/technologies/articles/2023/march/durable-goods-orders-decline-on-transportation/
Capital spending outlook for 2023 - https://mishtalk.com/economics/durable-goods-new-orders-decline-for-the-second-time-in-three-months
Green spending top one trillion dollars in 2022 - https://www.corporateknights.com/category-finance/global-clean-energy-investing-tops-us1-trillion-for-first-time-ever/
Boosting productivity through digital adoption - https://www.forbes.com/sites/joemckendrick/2023/02/27/digital-technology-may-give--productivity-the-boost-it-needs/?sh=3e6da444fefe
Input costs continue to see wild swings - https://www.tradealgo.com/news/march-saw-u-s-economic-growth-accelerate-to-a-10-month-high
ESG and Sustainability adoption will continue drive key investments with both human capital and business capital as part of getting to net zero - https://www.phillipinvest.com.my/how-will-esg-and-energy-transition-evolve-on-the-path-towards-net-zero/
Agriculture and green adoption - https://green.org/2023/03/24/agricultural-tech-adoption-under-climate-change/
Green construction - https://www.marketwatch.com/press-release/green-technology-in-construction-market-share-by-2031-2023-03-24
Manufacturing Sector – Canada – September 2023.pptx
- Canadian manufacturing sales increased 1.6% in July, led by higher sales in food products, petroleum and coal products, and transportation equipment. Paper and plastics sales decreased the most.
- Inventory levels increased slightly while unfilled orders decreased, pointing to a potential slowdown.
- The manufacturing sector in Canada will continue to face challenges such as global economic uncertainty, rising costs, supply chain issues, climate change risks, and skills shortages.
Durable Goods and Capital Spending| USA and the World| November 2021
The document summarizes durable goods and capital spending data for the United States in November 2021. It provides details on durable goods orders and business investment outlook. It also discusses supply chain analytics, capital expenditure planning, and challenges with ESG reporting. The author, Paul Young CPA CGA, is an expert in various areas including risk management, business process change, and emerging technology.
Durable Goods and Capital Spending - United States and the World - April 2023...
Blog – Durable Goods and Capital Spending Analysis and Commentary – April 2023
Summary:
The Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by much more than expected in March amid a substantial rebound in orders for transportation equipment.
The report said durable goods orders spiked by 3.2 percent in March after tumbling by a revised 1.2 percent in February.
Economists had expected durable goods orders to climb by 0.8 percent compared to the 1.0 percent slump that had been reported for the previous month.
Excluding the jump in orders for transportation equipment, durable goods orders rose by 0.3 percent in March after falling by 0.3 percent in February. Ex-transportation orders were expected to dip by 0.2 percent.
Source – https://www.nasdaq.com/articles/u.s.-durable-goods-orders-surge-much-more-than-expected-in-march
What is next for the Global Economy| March 2021
Blog – Global Economy – March 2021
1. China/GDP - https://www.bloomberg.com/news/articles/2021-03-07/why-china-can-t-end-its-romance-with-gdp-growth-target
2. USA/GDP - https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.html
3. Canada / GDP - https://www.bnnbloomberg.ca/frankly-stunning-gdp-growth-puts-bank-of-canada-in-the-hot-seat-1.1570915
4. Geo-political risks - https://www.mckinsey.com/business-functions/risk/our-insights/covid-19-implications-for-business
5. Inflation - https://www.livemint.com/news/world/inflation-is-already-creeping-into-some-corners-of-the-world-11615508051827.html
6. Global Protectionism - https://www.arabnews.com/node/1292551/business-economy
7. Supply Chain - https://blog.procurify.com/2021/03/02/4-major-issues-facing-your-supply-chain-manager/
8. Plans / Supply Chain - https://www.lmcins.com/blog/supply-chain-disruption-lessons-from-pandemic
9. Debt / Defaults - https://economictimes.indiatimes.com/news/international/business/global-debt-crisis-unlikely-in-near-term-despite-more-defaults-sp/articleshow/81445995.cms
10. Mining / Risks - https://www.miningglobal.com/top10/top-10-business-risks-and-opportunities-mining-2021/geopolitics
Durable Goods and Capital Spending| USA and the World| December 2021
Bottom Line: Although capital investment took a breather at the end of last year, a separate report showed business equipment rebounded 0.8% a.r. in Q4 following a 2.3% decline in the prior quarter. But, with rates set to rise as the Federal Reserve readies for liftoff, we could see a cap in equipment spending this year.
Source - https://economics.bmo.com/en/publications/detail/e0297758-a7d5-451f-a0ab-596088ff5cbd/
1. Durable Goods – https://www.marketwatch.com/story/u-s-durables-goods-orders-drop-sharply-in-december-11643290791
2. Consumer spending - https://ca.movies.yahoo.com/rpt-big-u-banks-spending-110000206.html
3. Bitcoins - https://qz.com/2118130/the-crypto-selloff-wiped-7-billion-off-corporate-balance-sheets/
4. Corporate cash holding - https://www.investors.com/etfs-and-funds/sectors/sp500-companies-stockpile-1-trillion-cash-investors-want-it/
5. FDI - https://www.fdiintelligence.com/article/80608
6. Wealth - https://www.outlookindia.com/business/how-china-s-real-economy-beats-india-in-wealth-creation--news-47808
7. USA Fed - https://www.morganstanley.com/ideas/thoughts-on-the-market-wilson
8. Capital outlook - https://www2.deloitte.com/cn/en/pages/financial-services/articles/financial-services-industry-outlooks-2022/pr-banking-industry-outlook.html
9. GDP Growth - https://www.reuters.com/markets/us/imf-cuts-growth-forecasts-us-china-world-omicron-spreads-2022-01-25/
10. Spending outlook - https://www.bnnbloomberg.ca/u-s-economy-on-track-for-solid-start-to-2022-as-spending-holds-1.1697338
Durable Goods and Capital Spending| USA and the World| January 2022
The monthly increase in durable goods orders was $4.3 billion and was largely driven by transportation equipment. The advance in January was the eighth increase in the last nine months.
The core durable goods section, which excludes the volatile transportation sector, also beat expectations, rising 0.7% versus the expected increase of 0.4%. Excluding defense, new orders advanced 1.6%.
The government’s durables report covers items with an expected life of at least three years, such as kitchen appliances, computers, furniture, autos and airplanes. Economists carefully watch the data for any changes as a sign of where the economy might be heading.
Source - https://www.kitco.com/news/2022-02-25/U-S-durable-goods-beat-expectations-in-January-gold-price-trades-under-1-900.html
Source -
1. Capital spending - https://www.forexlive.com/news/australian-private-capital-expenditure-capex-headline-11-qq-vs-expected-26-20220224/
2. BC Budget - https://businessexaminer.ca/victoria-articles/item/budget-a-missed-opportunity-to-improve-british-columbians-standard-of-living/
3. Infrastructure funding - https://washingtontechnology.com/companies/2022/02/how-parsons-watching-potential-infrastructure-spending-opportunities/362332/
4. Ports - https://www.reuters.com/business/autos-transportation/biden-team-seeks-port-revival-plans-it-spends-infrastructure-cash-2022-02-23/
5. Global Crane - https://www.americancranesandtransport.com/news/how-infrastructure-spending-can-boost-the-2022-global-crane-market/8018469.article
6. Asphalt - https://www.nytimes.com/2022/02/19/us/politics/infrastructure-plan-asphalt.html
7. Infrastructure - https://theonebrief.com/how-to-make-the-most-of-a-new-wave-of-infrastructure-funding/
8. Prince Rupert - https://ca.finance.yahoo.com/news/prince-rupert-port-seeking-double-143000134.html
9. Ports - https://technology.risiinfo.com/logistics/north-america/georgia-ports-authority-plans-expand-port-s-container-capacity-60
10. Oil - https://www.aljazeera.com/economy/2022/2/23/saudi-aramco-closes-15-5bn-blackrock-led-gas-pipeline-deal and https://www.reuters.com/business/sustainable-business/n-americas-old-pipelines-seek-new-life-moving-carbon-climate-push-2022-02-23/
Employment (Labour Market) | Canada| November 2020
Employment rose by 0.3% in November, following an increase of 0.5% in October. From May to September, employment grew by an average of 2.7% per month.
Full-time employment rose by 99,000 in November, while part-time work was little changed.
Among those who worked at least half of their usual hours, 4.6 million worked from home in November.
Growth in self-employment stalled in November and compared to public sector and private sector employees, employment in this group remained furthest from the February pre-COVID level (-4.7%; -136,000).
Total hours worked rose by 1.2% in November. Since May, total hours worked has recovered steadily as the initial COVID-19 economic shutdown has given way to more limited and targeted public health measures.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/201204/dq201204a-eng.htm
Employment and Labor Market - Canada - September 2022.pptx
Summary:
After declining for two consecutive months, the number of employees in the public sector increased by 35,000 (+0.8%) in September. Most of the gain was attributable to the educational services industry, which accounts for close to one-third (30.4%) of employees in the public sector (not seasonally adjusted).
Gains in educational services and health care and social assistance were offset by losses in manufacturing; information, culture and recreation; transportation and warehousing; and public administration.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/221007/dq221007a-eng.htm
Canada| Economic and Fiscal Scorecard| April 2021 and May 2021
Blog – Canada – May 2021 and April 2021 Economic Scorecard
1. GDP - https://www.marketwatch.com/story/canada-gdp-fell-0-3-in-april-271625057198
2. ADP - https://ca.finance.yahoo.com/news/adp-june-private-payrolls-jobs-market-pandemic-economy-recovery-121542029.html
3. Net Zero - https://ipolitics.ca/2021/06/29/net-zero-canada-is-lagging-in-climate-change-fight-nrcan/
4. Housing affordability - https://storeys.com/canadian-soaring-home-prices-deteriorating-affordability-rbc/
5. Public Sector - https://www.benefitscanada.com/news/bencan/ontario-caps-salary-and-performance-pay-for-public-sector-executives/
6. Stock performance - https://finance.yahoo.com/quote/%5EGSPTSE/history/
7. Net zero - https://www.corporateknights.com/channels/responsible-investing/are-corporations-getting-trapped-in-net-zero-16249640/
8. Commodity Prices - https://www.tradersinsight.news/traders-insight/securities/commodities/how-are-higher-commodity-prices-and-shipping-disruption-affecting-the-energy-transition-sector/
9. Natural resources - https://www150.statcan.gc.ca/n1/daily-quotidien/210623/dq210623a-eng.pdf or https://www.northernminer.com/news/report-outlines-what-canada-must-do-to-secure-supply-of-critical-minerals/1003832240/
10. Building Permits - https://www.marketwatch.com/story/canada-building-permits-slip-0-5-in-april-271622638203
Employment and Labour Market - United States - April 2022.pptx
Blog - Labor and Employment Market – The United States
As a result, companies will have to pass on increased labor costs to the prices of the goods and services they sell, which will exacerbate inflation.
“Demand for labor is very strong, and although labor market participation has increased slightly, labor supply remains subdued,” said the central bank governor. Jerome Powell on Wednesday at a press conference.
He also stressed that employers in many places have difficulty filling vacancies and wages are rising faster than in many years.
About everything despite the United States the economy contracted according to preliminary data, surprisingly in the early part of the year, but economists see it as a temporary slump mainly due to supply disruptions.
https://www.business-standard.com/article/international/us-job-cuts-up-in-april-rising-2nd-month-straight-as-employers-study-risks-122050501395_1.html and https://pledgetimes.com/business-cycle-employment-improved-more-than-expected-in-the-united-states-in-a-hot-labor-market/
How the Public Sector Policies can support FDI and Economic Growth .pptx
All levels of government need to work together on tax and regulatory reforms.
Aligning education with jobs of today and tomorrow
Addressing policies impact key input costs like energy or occupancy or land or other area.
Incubation hubs that include all universities and colleges to betters support taking ideas from incubation to market
Focusing on policies that will better support building a resilient supply chain
Focusing on the size of government including improving the model as part focusing value for money and the improvement of outcomes.
Better balanced between climate change policies and growing the economy in a sustainable way.
Manufacturing Sector – Canada and the United States – May 2023.pptx
This document discusses recent trends in manufacturing sales in the United States and Canada. It also discusses profitability strategies, safeguarding assets from climate change, and ESG reporting. The author is a CPA consultant who provides expertise in various areas including risk management, reporting, sustainability, and emerging technologies. Key links are provided on topics such as ESG reporting, data management, and leveraging analytics for business outcomes.
Labor Market| Canada| October 2020
This document provides an overview and analysis of Canada's employment market in October 2020. It discusses sectors such as goods producing, manufacturing, and natural resources. It also addresses issues like job recovery, wages, youth employment, CERB/EI changes, skills/education, and the impact of automation. The document recommends that governments focus on growth areas like infrastructure, skills training, competitiveness and targeted fiscal stimulus to facilitate economic recovery in a post-COVID world.
Manufacturing Sector – Canada – July 2023.pptx
Blog – Canada Manufacturing Sector Analysis and Commentary for July 2023
Summary:
Canada manufacturing sales rose 1.2% mom to CAD 72.9B in May, above expectation of 0.8%mom. The rise was mainly driven by higher sales of chemical products (+4.8%), motor vehicles (+4.8%) and machinery (+4.2%). Sales in primary metal manufacturing decreased the most (-6.9%).
Source - https://www.actionforex.com/live-comments/509996-canada-manufacturing-sales-rose-1-2-mom-in-may/
Other links and sources:
Commodity prices - https://www.capitaleconomics.com/publications/commodities-outlook/energy-prices-buck-downbeat-trend
Raw material costs - https://www.homebuilding.co.uk/news/construction-materials-shortage
Inventory - https://www.oliverwyman.com/our-expertise/insights/2023/jul/how-manufacturers-can-reduce-inventory-crises.html
ESG - https://www.plantemoran.com/get-to-know/news/2023/07/esg-standards-crucial-for-automakers
Downtime / Predictable Analytics - https://www.iiot-world.com/predictive-analytics/predictive-maintenance/the-actual-cost-of-downtime-in-the-manufacturing-industry/
Advanced Manufacturing - https://www.kearney.com/service/operations-performance/article/navigating-the-future-of-manufacturing
Economic and Fiscal Scorecard| The United States| June 2021 and July 2021
Blog – Canada – Economic and Fiscal Scorecard – June 2021 and July 2021
1. Inflation - https://www.bnnbloomberg.ca/inflation-expectations-spike-to-record-at-canadian-businesses-1.1644394
2. The Mfg. plan, should is based on four pillars – workforce, innovation, exports, and a net-zero strategy https://www.canadianmanufacturing.com/manufacturing/cme-manufacturers-call-for-a-concrete-plan-on-economic-recovery-272714/ You would think good-paying jobs would be Trudeau's focus, right? Nope attacking Harper is the focus. https://www.slideshare.net/paulyoungcga/manufacturing-canada-june-2021
3. https://www.nationalnewswatch.com/2021/08/30/food-processors-want-action-from-the-next-federal-government/#.YSzGdN8pDQx If food processors want better policies, then they should not be voting for either @theJagmeetSingh or @JustinTrudeau as all they know how to do is tax and spend! https://www.slideshare.net/paulyoungcga/agriculture-and-farm-equipment-sector-july-2021@CPC_HQ
4. Job vacancies - https://thoughtleadership.rbc.com/are-sky-high-job-vacancies-in-canada-around-for-a-while/
5. Circular economy - https://www.hilltimes.com/2021/08/25/canada-and-the-nordic-countries-are-allies-in-transitioning-to-a-circular-economy-envoys/312761
6. Housing - https://betterdwelling.com/canadian-housing-affordability-got-worse-under-trudeau-but-did-he-do-the-worst/
7. USA and Canada Trade - https://www.hilltimes.com/2021/08/30/reliance-on-u-s-remains-a-threat-to-canadian-economy/314006
8. Climate change - https://www.corporateknights.com/responsible-investing/why-are-canadian-pensions-risking-our-future-by-funding-fossil-fuel-expansion/
9. International support - https://www.international.gc.ca/gac-amc/publications/odaaa-lrmado/report-rapport-18-19.aspx?lang=eng
10. Infrastructure - https://www.hilltimes.com/2021/08/25/transportation-infrastructure-key-for-canadas-economic-recovery/313242
Global Economy| Outlook| December 2020
This document provides an agenda for discussing the world economy and what's next. It outlines several topics for discussion, including GDP growth, commodities, stock markets, geopolitical risks, unemployment rates, growth areas, COVID-19 deficit spending, debt, infrastructure, the green economy, job quality, trade, ecommerce, housing affordability, and more. For each topic, it lists relevant sources and links to additional slides and analyses on each subject. The conclusion discusses that governments should audit their crisis responses and focus on balancing the economy with other priorities, reforming taxation and organizations, and addressing issues like housing, infrastructure, and geopolitics.
Revised - Cost of Living - Canada - September 2022.pptx
Canada inflation continues to remain at 40-year highs. Food prices especially continue to increase in price. Former adviser has spoken about high inflation - https://financialpost.com/news/economy/inflation-inequality-trudeau
Food bank usage continues to be on the rise - https://worldnewsera.com/news/canada/food-banks-grappling-with-rising-demand-inflation-ahead-of-thanksgiving-national-globalnews-ca/
Businesses are facing litany of tax increase like CPP and EI (Payroll) along with carbon tax escalation - http://www.baystreet.ca/articles/economiccommentary/81636/101822. Trudeau government talks out of the corner of their mouth about reducing the small business federal corporate tax rate to 9%. https://www.cfib-fcei.ca/en/media/cfib-statement-on-the-start-of-small-business-week. The federal government does not seem to grasp that hiking taxes can lead to reduce profit margins.
Canada is rich in natural resources and arable land. Canada could be a world leader in energy, forestry, mining, and agriculture exports if Canada had the right support from the federal government - https://www.cfib-fcei.ca/en/media/cfib-statement-on-the-start-of-small-business-week
I am all about solutions. The federal government seems to think tax and spend approach will stabilize inflation. It will not! https://www.slideshare.net/paulyoungcga/how-to-reduce-inflation-in-canadapptx
Wages growth is becoming a key issue for all levels of government - https://www.hcamag.com/ca/specialization/financial-wellness/why-increasing-wages-wont-help-in-the-cost-of-living-crisis/424328
Canada is also creating far more government jobs as compared to private sector - https://businessexaminer.ca/victoria-articles/item/most-new-canadian-jobs-are-in-the-public-sector-not-private/
Gasoline prices continue to play havoc with supply chains and consumers - https://building.ca/bocs-macklem-says-hes-not-backing-down-on-rate-hikes-even-as-recession-fears-grow/
NDP under the leadership Jagmeet Singh keeps focusing on greed inflation while giving a past to fuel standard and carbon tax hikes. NDP has always been since Singh was elected are great at driving emotional wedge issues with their base. The problem many times the NDP is out to lunch when it comes to what is really driving issues with inflation including lack of improvement with productivity, lack of innovation, skills gap, supply chain challenges, and high cost of housing. https://www.slideshare.net/paulyoungcga/corporate-proftis-vs-corporate-greedpptx
Manufacturing Sector – Canada – August 2023.pptx
Blog – Analysis and Commentary for Canada Manufacturing Sector – August 2023
Summary:
Manufacturing sales decreased 1.7% to $71.5 billion in June, on widespread declines over 14 of 21 subsectors, led by the petroleum and coal product (-8.3%), chemical (-6.5%), and machinery (-5.5%) subsectors. Sales of motor vehicles increased the most, rising 11.4% to $5.6 billion in June. On a quarterly basis, total sales fell 0.8% in the second quarter of 2023, mainly on lower sales in the petroleum and coal product (-8.1%) and primary metal (-8.9%) subsectors. Year over year, total sales decreased 1.4% in June.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/230815/dq230815b-eng.htm
Other sources and links:
Manufacturing outlook - https://www.bnnbloomberg.ca/statistics-canada-reports-manufacturing-sales-down-1-7-per-cent-in-june-1.1959187
Lithium - https://newsdirect.com/news/lightning-minerals-acquires-highly-prospective-canadian-lithium-projects-961963537
Algoma - https://www.steelorbis.com/steel-news/latest-news/canadas-algoma-steel-posts-lower-net-profit-for-q1-amid-lower-prices-higher-costs-1302133.htm
Forestry - https://www.woodbusiness.ca/forests-on-challenging-terrain/
Mining - https://financialpost.com/commodities/mining/1-year-us-inflation-reduction-act-how-canada-responded
ESG Bonds - https://www.bnnbloomberg.ca/s-p-decision-to-ax-esg-scores-from-bond-ratings-splits-market-1.1959099
Food - https://thoughtleadership.rbc.com/reboot-of-the-growing-challenge-part-3-the-hidden-threat-of-food-spoilage-and-waste/
Commodities - https://www.reuters.com/markets/tsx-futures-sink-weak-commodity-prices-canadas-cpi-focus-2023-08-15/
Supply chain risks - https://www.supplychainbrain.com/articles/37880-five-preventive-measures-to-mitigate-supply-chain-risk
Technologies - https://www.sme.org/technologies/articles/2023/august/6-ways-robots-are-changing-manufacturing/
Critical metals – https://www.dentonsmininglaw.com/driving-sustainability-how-electric-vehicles-critical-minerals-and-governments-are-shaping-the-future-of-mobility/
GDP Analysis and Commentary - Canada - March 2022.pptx
The economy grew at an annualized rate of 3.1 per cent in the first quarter, helped by business investment and household spending, Statistics Canada said Tuesday.
The result was down from an annualized rate of 6.6 per cent in the fourth quarter of 2021.
Statistics Canada said the change came as export volumes dropped 2.4 per cent for the quarter, following two consecutive quarterly increases.
Meanwhile, the agency said household spending rose 0.8 per cent in the first quarter, to mark a third consecutive quarterly increase.
Spending on durable goods gained 2.6 per cent in the first quarter, helped by a 16.1 per cent increase in spending on new passenger cars and a 3.5 per cent gain for new trucks, vans and sport utility vehicles.
Source - https://ca.finance.yahoo.com/news/statistics-canada-release-gdp-figures-080000031.html
Durable Goods and Capital Spending - United States and the World - May 2023.pptx
Blog – Durable Goods and Capital Spending Analysis and Commentary – June 2023
Summary:
The monthly increase in durable goods orders was $4.9 billion and was largely driven by transportation equipment that was up for the third consecutive month, the U.S. Census Bureau said in the report.
The core durable goods section, which excludes the volatile transportation sector, was up 0.6% in May versus the expected drop of 0.1%. Excluding defense, new orders rose 3%.
The government’s durables report covers items with an expected life of at least three years, such as kitchen appliances, computers, furniture, autos, and airplanes. Economists carefully watch the data for signs of where the economy might be heading.
Despite the stronger-than-expected report, analysts still see weakness in investment to come.
“The wider evidence still suggests that business equipment investment has further to fall,” said Capital Economics deputy chief U.S. economist Andrew Hunter. “While the drag from higher rates on residential investment appears to be fading, we still think the hit to business investment has further to run.”
Source: https://www.kitco.com/news/2023-06-27/U-S-durable-goods-beat-expectations-in-May-gold-price-keeps-its-daily-gains.html
Additional sources and links:
Economic outlook - https://www.advisorperspectives.com/articles/2023/06/26/deduction-index-economic-and-market-swedroe?utm_source=articles_feed&utm_medium=rss&utm_campaign=item_link
Equity Market - https://www.blackrock.com/us/individual/insights/taking-stock-quarterly-outlook
Machine tools orders - https://www.amtonline.org/article/us-cutting-tool-orders-totaled-usd190-0-million-in-april-2023-bringing-year
Automation - https://techjury.net/blog/jobs-lost-to-automation-statistics/ or Blog – Top Six reasons to step up Business Automation - https://www.linkedin.com/posts/paul-young-055632b_six-reasons-not-to-let-economic-uncertainty-activity-7079137391667515392-MV7v?utm_source=share&utm_medium=member_desktop
Construction costs - https://www.on-sitemag.com/construction/construction-costs-remain-problematic/1003979723/
Infrastructure - https://www.contractornews.com/673/government-infrastructure-spending-bolsters-construction-industry
Sustainable Financing - https://about.bankofamerica.com/en/making-an-impact/sustainable-finance
Mitigation - https://www.reuters.com/world/europe/lack-funds-risks-europe-missing-climate-goals-auditors-say-2023-06-26/
Preliminary - Cost of Living - Canada - August 2022.pptx
Canada housing could be heading towards a 1990 crash
Middle class continues to see issues with their household budgets
Trudeau continues to say he is focusing on making things more affordable. Key indices are showing that each mandate under Trudeau policies have made things worse in terms of affordability.
Lithium prices continue to impact the cost of electrical vehicles
Wage growth is between 3.0% to 3.4%. Many unions are bargaining for higher wages due to high cost of living.
Central banks hiking interest rates could lead to a slow down in each of their economies.
BNS call out Justin Trudeau stimulus as saying it will address the issue with high inflation. Trudeau continues to believe in throwing money at the symptoms instead of fixing the systemic issues with his policies that are driving inflation up!
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Canadian retail sales dropped 0.3% in August, the first decline since March, as higher interest rates start to impact household budgets. Seven of the nine retail subsectors saw sales increases in July, led by food and beverage retailers, while motor vehicle and parts dealers saw the largest decrease. Excluding autos, retail sales in July rose 1%, double expectations. The report suggests Canadians are tightening spending as more face higher mortgage payments and gas prices due to Bank of Canada rate hikes aimed at slowing inflation.
Addressing issues with the Public Sector Governance Model.pptx
The key challenges facing Australian business leaders in 2023 include:
1. Talent acquisition, retention and training staff for digital transformation.
2. Implementing successful digital transformation while managing cyber risks.
3. Adapting to changing regulations and reporting requirements.
Health risks from COVID-19, social reputation concerns, and disruptive emerging technologies are also significant social challenges impacting Australian businesses. Over the next 3-5 years, talent management for digitization, cybersecurity, digital transformation, regulatory changes, and identifying new growth opportunities will be the top challenges according to business leaders.
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Durable Goods and Capital Spending| USA and the World| November 2021
The document summarizes durable goods and capital spending data for the United States in November 2021. It provides details on durable goods orders and business investment outlook. It also discusses supply chain analytics, capital expenditure planning, and challenges with ESG reporting. The author, Paul Young CPA CGA, is an expert in various areas including risk management, business process change, and emerging technology.
Durable Goods and Capital Spending - United States and the World - April 2023...
Blog – Durable Goods and Capital Spending Analysis and Commentary – April 2023
Summary:
The Commerce Department released a report on Wednesday showing new orders for U.S. manufactured durable goods surged by much more than expected in March amid a substantial rebound in orders for transportation equipment.
The report said durable goods orders spiked by 3.2 percent in March after tumbling by a revised 1.2 percent in February.
Economists had expected durable goods orders to climb by 0.8 percent compared to the 1.0 percent slump that had been reported for the previous month.
Excluding the jump in orders for transportation equipment, durable goods orders rose by 0.3 percent in March after falling by 0.3 percent in February. Ex-transportation orders were expected to dip by 0.2 percent.
Source – https://www.nasdaq.com/articles/u.s.-durable-goods-orders-surge-much-more-than-expected-in-march
What is next for the Global Economy| March 2021
Blog – Global Economy – March 2021
1. China/GDP - https://www.bloomberg.com/news/articles/2021-03-07/why-china-can-t-end-its-romance-with-gdp-growth-target
2. USA/GDP - https://www.cnbc.com/2021/03/02/10percent-gdp-growth-the-us-economy-is-on-fire-and-is-about-to-get-stoked-even-more.html
3. Canada / GDP - https://www.bnnbloomberg.ca/frankly-stunning-gdp-growth-puts-bank-of-canada-in-the-hot-seat-1.1570915
4. Geo-political risks - https://www.mckinsey.com/business-functions/risk/our-insights/covid-19-implications-for-business
5. Inflation - https://www.livemint.com/news/world/inflation-is-already-creeping-into-some-corners-of-the-world-11615508051827.html
6. Global Protectionism - https://www.arabnews.com/node/1292551/business-economy
7. Supply Chain - https://blog.procurify.com/2021/03/02/4-major-issues-facing-your-supply-chain-manager/
8. Plans / Supply Chain - https://www.lmcins.com/blog/supply-chain-disruption-lessons-from-pandemic
9. Debt / Defaults - https://economictimes.indiatimes.com/news/international/business/global-debt-crisis-unlikely-in-near-term-despite-more-defaults-sp/articleshow/81445995.cms
10. Mining / Risks - https://www.miningglobal.com/top10/top-10-business-risks-and-opportunities-mining-2021/geopolitics
Durable Goods and Capital Spending| USA and the World| December 2021
Bottom Line: Although capital investment took a breather at the end of last year, a separate report showed business equipment rebounded 0.8% a.r. in Q4 following a 2.3% decline in the prior quarter. But, with rates set to rise as the Federal Reserve readies for liftoff, we could see a cap in equipment spending this year.
Source - https://economics.bmo.com/en/publications/detail/e0297758-a7d5-451f-a0ab-596088ff5cbd/
1. Durable Goods – https://www.marketwatch.com/story/u-s-durables-goods-orders-drop-sharply-in-december-11643290791
2. Consumer spending - https://ca.movies.yahoo.com/rpt-big-u-banks-spending-110000206.html
3. Bitcoins - https://qz.com/2118130/the-crypto-selloff-wiped-7-billion-off-corporate-balance-sheets/
4. Corporate cash holding - https://www.investors.com/etfs-and-funds/sectors/sp500-companies-stockpile-1-trillion-cash-investors-want-it/
5. FDI - https://www.fdiintelligence.com/article/80608
6. Wealth - https://www.outlookindia.com/business/how-china-s-real-economy-beats-india-in-wealth-creation--news-47808
7. USA Fed - https://www.morganstanley.com/ideas/thoughts-on-the-market-wilson
8. Capital outlook - https://www2.deloitte.com/cn/en/pages/financial-services/articles/financial-services-industry-outlooks-2022/pr-banking-industry-outlook.html
9. GDP Growth - https://www.reuters.com/markets/us/imf-cuts-growth-forecasts-us-china-world-omicron-spreads-2022-01-25/
10. Spending outlook - https://www.bnnbloomberg.ca/u-s-economy-on-track-for-solid-start-to-2022-as-spending-holds-1.1697338
Durable Goods and Capital Spending| USA and the World| January 2022
The monthly increase in durable goods orders was $4.3 billion and was largely driven by transportation equipment. The advance in January was the eighth increase in the last nine months.
The core durable goods section, which excludes the volatile transportation sector, also beat expectations, rising 0.7% versus the expected increase of 0.4%. Excluding defense, new orders advanced 1.6%.
The government’s durables report covers items with an expected life of at least three years, such as kitchen appliances, computers, furniture, autos and airplanes. Economists carefully watch the data for any changes as a sign of where the economy might be heading.
Source - https://www.kitco.com/news/2022-02-25/U-S-durable-goods-beat-expectations-in-January-gold-price-trades-under-1-900.html
Source -
1. Capital spending - https://www.forexlive.com/news/australian-private-capital-expenditure-capex-headline-11-qq-vs-expected-26-20220224/
2. BC Budget - https://businessexaminer.ca/victoria-articles/item/budget-a-missed-opportunity-to-improve-british-columbians-standard-of-living/
3. Infrastructure funding - https://washingtontechnology.com/companies/2022/02/how-parsons-watching-potential-infrastructure-spending-opportunities/362332/
4. Ports - https://www.reuters.com/business/autos-transportation/biden-team-seeks-port-revival-plans-it-spends-infrastructure-cash-2022-02-23/
5. Global Crane - https://www.americancranesandtransport.com/news/how-infrastructure-spending-can-boost-the-2022-global-crane-market/8018469.article
6. Asphalt - https://www.nytimes.com/2022/02/19/us/politics/infrastructure-plan-asphalt.html
7. Infrastructure - https://theonebrief.com/how-to-make-the-most-of-a-new-wave-of-infrastructure-funding/
8. Prince Rupert - https://ca.finance.yahoo.com/news/prince-rupert-port-seeking-double-143000134.html
9. Ports - https://technology.risiinfo.com/logistics/north-america/georgia-ports-authority-plans-expand-port-s-container-capacity-60
10. Oil - https://www.aljazeera.com/economy/2022/2/23/saudi-aramco-closes-15-5bn-blackrock-led-gas-pipeline-deal and https://www.reuters.com/business/sustainable-business/n-americas-old-pipelines-seek-new-life-moving-carbon-climate-push-2022-02-23/
Employment (Labour Market) | Canada| November 2020
Employment rose by 0.3% in November, following an increase of 0.5% in October. From May to September, employment grew by an average of 2.7% per month.
Full-time employment rose by 99,000 in November, while part-time work was little changed.
Among those who worked at least half of their usual hours, 4.6 million worked from home in November.
Growth in self-employment stalled in November and compared to public sector and private sector employees, employment in this group remained furthest from the February pre-COVID level (-4.7%; -136,000).
Total hours worked rose by 1.2% in November. Since May, total hours worked has recovered steadily as the initial COVID-19 economic shutdown has given way to more limited and targeted public health measures.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/201204/dq201204a-eng.htm
Employment and Labor Market - Canada - September 2022.pptx
Summary:
After declining for two consecutive months, the number of employees in the public sector increased by 35,000 (+0.8%) in September. Most of the gain was attributable to the educational services industry, which accounts for close to one-third (30.4%) of employees in the public sector (not seasonally adjusted).
Gains in educational services and health care and social assistance were offset by losses in manufacturing; information, culture and recreation; transportation and warehousing; and public administration.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/221007/dq221007a-eng.htm
Canada| Economic and Fiscal Scorecard| April 2021 and May 2021
Blog – Canada – May 2021 and April 2021 Economic Scorecard
1. GDP - https://www.marketwatch.com/story/canada-gdp-fell-0-3-in-april-271625057198
2. ADP - https://ca.finance.yahoo.com/news/adp-june-private-payrolls-jobs-market-pandemic-economy-recovery-121542029.html
3. Net Zero - https://ipolitics.ca/2021/06/29/net-zero-canada-is-lagging-in-climate-change-fight-nrcan/
4. Housing affordability - https://storeys.com/canadian-soaring-home-prices-deteriorating-affordability-rbc/
5. Public Sector - https://www.benefitscanada.com/news/bencan/ontario-caps-salary-and-performance-pay-for-public-sector-executives/
6. Stock performance - https://finance.yahoo.com/quote/%5EGSPTSE/history/
7. Net zero - https://www.corporateknights.com/channels/responsible-investing/are-corporations-getting-trapped-in-net-zero-16249640/
8. Commodity Prices - https://www.tradersinsight.news/traders-insight/securities/commodities/how-are-higher-commodity-prices-and-shipping-disruption-affecting-the-energy-transition-sector/
9. Natural resources - https://www150.statcan.gc.ca/n1/daily-quotidien/210623/dq210623a-eng.pdf or https://www.northernminer.com/news/report-outlines-what-canada-must-do-to-secure-supply-of-critical-minerals/1003832240/
10. Building Permits - https://www.marketwatch.com/story/canada-building-permits-slip-0-5-in-april-271622638203
Employment and Labour Market - United States - April 2022.pptx
Blog - Labor and Employment Market – The United States
As a result, companies will have to pass on increased labor costs to the prices of the goods and services they sell, which will exacerbate inflation.
“Demand for labor is very strong, and although labor market participation has increased slightly, labor supply remains subdued,” said the central bank governor. Jerome Powell on Wednesday at a press conference.
He also stressed that employers in many places have difficulty filling vacancies and wages are rising faster than in many years.
About everything despite the United States the economy contracted according to preliminary data, surprisingly in the early part of the year, but economists see it as a temporary slump mainly due to supply disruptions.
https://www.business-standard.com/article/international/us-job-cuts-up-in-april-rising-2nd-month-straight-as-employers-study-risks-122050501395_1.html and https://pledgetimes.com/business-cycle-employment-improved-more-than-expected-in-the-united-states-in-a-hot-labor-market/
How the Public Sector Policies can support FDI and Economic Growth .pptx
All levels of government need to work together on tax and regulatory reforms.
Aligning education with jobs of today and tomorrow
Addressing policies impact key input costs like energy or occupancy or land or other area.
Incubation hubs that include all universities and colleges to betters support taking ideas from incubation to market
Focusing on policies that will better support building a resilient supply chain
Focusing on the size of government including improving the model as part focusing value for money and the improvement of outcomes.
Better balanced between climate change policies and growing the economy in a sustainable way.
Manufacturing Sector – Canada and the United States – May 2023.pptx
This document discusses recent trends in manufacturing sales in the United States and Canada. It also discusses profitability strategies, safeguarding assets from climate change, and ESG reporting. The author is a CPA consultant who provides expertise in various areas including risk management, reporting, sustainability, and emerging technologies. Key links are provided on topics such as ESG reporting, data management, and leveraging analytics for business outcomes.
Labor Market| Canada| October 2020
This document provides an overview and analysis of Canada's employment market in October 2020. It discusses sectors such as goods producing, manufacturing, and natural resources. It also addresses issues like job recovery, wages, youth employment, CERB/EI changes, skills/education, and the impact of automation. The document recommends that governments focus on growth areas like infrastructure, skills training, competitiveness and targeted fiscal stimulus to facilitate economic recovery in a post-COVID world.
Manufacturing Sector – Canada – July 2023.pptx
Blog – Canada Manufacturing Sector Analysis and Commentary for July 2023
Summary:
Canada manufacturing sales rose 1.2% mom to CAD 72.9B in May, above expectation of 0.8%mom. The rise was mainly driven by higher sales of chemical products (+4.8%), motor vehicles (+4.8%) and machinery (+4.2%). Sales in primary metal manufacturing decreased the most (-6.9%).
Source - https://www.actionforex.com/live-comments/509996-canada-manufacturing-sales-rose-1-2-mom-in-may/
Other links and sources:
Commodity prices - https://www.capitaleconomics.com/publications/commodities-outlook/energy-prices-buck-downbeat-trend
Raw material costs - https://www.homebuilding.co.uk/news/construction-materials-shortage
Inventory - https://www.oliverwyman.com/our-expertise/insights/2023/jul/how-manufacturers-can-reduce-inventory-crises.html
ESG - https://www.plantemoran.com/get-to-know/news/2023/07/esg-standards-crucial-for-automakers
Downtime / Predictable Analytics - https://www.iiot-world.com/predictive-analytics/predictive-maintenance/the-actual-cost-of-downtime-in-the-manufacturing-industry/
Advanced Manufacturing - https://www.kearney.com/service/operations-performance/article/navigating-the-future-of-manufacturing
Economic and Fiscal Scorecard| The United States| June 2021 and July 2021
Blog – Canada – Economic and Fiscal Scorecard – June 2021 and July 2021
1. Inflation - https://www.bnnbloomberg.ca/inflation-expectations-spike-to-record-at-canadian-businesses-1.1644394
2. The Mfg. plan, should is based on four pillars – workforce, innovation, exports, and a net-zero strategy https://www.canadianmanufacturing.com/manufacturing/cme-manufacturers-call-for-a-concrete-plan-on-economic-recovery-272714/ You would think good-paying jobs would be Trudeau's focus, right? Nope attacking Harper is the focus. https://www.slideshare.net/paulyoungcga/manufacturing-canada-june-2021
3. https://www.nationalnewswatch.com/2021/08/30/food-processors-want-action-from-the-next-federal-government/#.YSzGdN8pDQx If food processors want better policies, then they should not be voting for either @theJagmeetSingh or @JustinTrudeau as all they know how to do is tax and spend! https://www.slideshare.net/paulyoungcga/agriculture-and-farm-equipment-sector-july-2021@CPC_HQ
4. Job vacancies - https://thoughtleadership.rbc.com/are-sky-high-job-vacancies-in-canada-around-for-a-while/
5. Circular economy - https://www.hilltimes.com/2021/08/25/canada-and-the-nordic-countries-are-allies-in-transitioning-to-a-circular-economy-envoys/312761
6. Housing - https://betterdwelling.com/canadian-housing-affordability-got-worse-under-trudeau-but-did-he-do-the-worst/
7. USA and Canada Trade - https://www.hilltimes.com/2021/08/30/reliance-on-u-s-remains-a-threat-to-canadian-economy/314006
8. Climate change - https://www.corporateknights.com/responsible-investing/why-are-canadian-pensions-risking-our-future-by-funding-fossil-fuel-expansion/
9. International support - https://www.international.gc.ca/gac-amc/publications/odaaa-lrmado/report-rapport-18-19.aspx?lang=eng
10. Infrastructure - https://www.hilltimes.com/2021/08/25/transportation-infrastructure-key-for-canadas-economic-recovery/313242
Global Economy| Outlook| December 2020
This document provides an agenda for discussing the world economy and what's next. It outlines several topics for discussion, including GDP growth, commodities, stock markets, geopolitical risks, unemployment rates, growth areas, COVID-19 deficit spending, debt, infrastructure, the green economy, job quality, trade, ecommerce, housing affordability, and more. For each topic, it lists relevant sources and links to additional slides and analyses on each subject. The conclusion discusses that governments should audit their crisis responses and focus on balancing the economy with other priorities, reforming taxation and organizations, and addressing issues like housing, infrastructure, and geopolitics.
Revised - Cost of Living - Canada - September 2022.pptx
Canada inflation continues to remain at 40-year highs. Food prices especially continue to increase in price. Former adviser has spoken about high inflation - https://financialpost.com/news/economy/inflation-inequality-trudeau
Food bank usage continues to be on the rise - https://worldnewsera.com/news/canada/food-banks-grappling-with-rising-demand-inflation-ahead-of-thanksgiving-national-globalnews-ca/
Businesses are facing litany of tax increase like CPP and EI (Payroll) along with carbon tax escalation - http://www.baystreet.ca/articles/economiccommentary/81636/101822. Trudeau government talks out of the corner of their mouth about reducing the small business federal corporate tax rate to 9%. https://www.cfib-fcei.ca/en/media/cfib-statement-on-the-start-of-small-business-week. The federal government does not seem to grasp that hiking taxes can lead to reduce profit margins.
Canada is rich in natural resources and arable land. Canada could be a world leader in energy, forestry, mining, and agriculture exports if Canada had the right support from the federal government - https://www.cfib-fcei.ca/en/media/cfib-statement-on-the-start-of-small-business-week
I am all about solutions. The federal government seems to think tax and spend approach will stabilize inflation. It will not! https://www.slideshare.net/paulyoungcga/how-to-reduce-inflation-in-canadapptx
Wages growth is becoming a key issue for all levels of government - https://www.hcamag.com/ca/specialization/financial-wellness/why-increasing-wages-wont-help-in-the-cost-of-living-crisis/424328
Canada is also creating far more government jobs as compared to private sector - https://businessexaminer.ca/victoria-articles/item/most-new-canadian-jobs-are-in-the-public-sector-not-private/
Gasoline prices continue to play havoc with supply chains and consumers - https://building.ca/bocs-macklem-says-hes-not-backing-down-on-rate-hikes-even-as-recession-fears-grow/
NDP under the leadership Jagmeet Singh keeps focusing on greed inflation while giving a past to fuel standard and carbon tax hikes. NDP has always been since Singh was elected are great at driving emotional wedge issues with their base. The problem many times the NDP is out to lunch when it comes to what is really driving issues with inflation including lack of improvement with productivity, lack of innovation, skills gap, supply chain challenges, and high cost of housing. https://www.slideshare.net/paulyoungcga/corporate-proftis-vs-corporate-greedpptx
Manufacturing Sector – Canada – August 2023.pptx
Blog – Analysis and Commentary for Canada Manufacturing Sector – August 2023
Summary:
Manufacturing sales decreased 1.7% to $71.5 billion in June, on widespread declines over 14 of 21 subsectors, led by the petroleum and coal product (-8.3%), chemical (-6.5%), and machinery (-5.5%) subsectors. Sales of motor vehicles increased the most, rising 11.4% to $5.6 billion in June. On a quarterly basis, total sales fell 0.8% in the second quarter of 2023, mainly on lower sales in the petroleum and coal product (-8.1%) and primary metal (-8.9%) subsectors. Year over year, total sales decreased 1.4% in June.
Source: https://www150.statcan.gc.ca/n1/daily-quotidien/230815/dq230815b-eng.htm
Other sources and links:
Manufacturing outlook - https://www.bnnbloomberg.ca/statistics-canada-reports-manufacturing-sales-down-1-7-per-cent-in-june-1.1959187
Lithium - https://newsdirect.com/news/lightning-minerals-acquires-highly-prospective-canadian-lithium-projects-961963537
Algoma - https://www.steelorbis.com/steel-news/latest-news/canadas-algoma-steel-posts-lower-net-profit-for-q1-amid-lower-prices-higher-costs-1302133.htm
Forestry - https://www.woodbusiness.ca/forests-on-challenging-terrain/
Mining - https://financialpost.com/commodities/mining/1-year-us-inflation-reduction-act-how-canada-responded
ESG Bonds - https://www.bnnbloomberg.ca/s-p-decision-to-ax-esg-scores-from-bond-ratings-splits-market-1.1959099
Food - https://thoughtleadership.rbc.com/reboot-of-the-growing-challenge-part-3-the-hidden-threat-of-food-spoilage-and-waste/
Commodities - https://www.reuters.com/markets/tsx-futures-sink-weak-commodity-prices-canadas-cpi-focus-2023-08-15/
Supply chain risks - https://www.supplychainbrain.com/articles/37880-five-preventive-measures-to-mitigate-supply-chain-risk
Technologies - https://www.sme.org/technologies/articles/2023/august/6-ways-robots-are-changing-manufacturing/
Critical metals – https://www.dentonsmininglaw.com/driving-sustainability-how-electric-vehicles-critical-minerals-and-governments-are-shaping-the-future-of-mobility/
GDP Analysis and Commentary - Canada - March 2022.pptx
The economy grew at an annualized rate of 3.1 per cent in the first quarter, helped by business investment and household spending, Statistics Canada said Tuesday.
The result was down from an annualized rate of 6.6 per cent in the fourth quarter of 2021.
Statistics Canada said the change came as export volumes dropped 2.4 per cent for the quarter, following two consecutive quarterly increases.
Meanwhile, the agency said household spending rose 0.8 per cent in the first quarter, to mark a third consecutive quarterly increase.
Spending on durable goods gained 2.6 per cent in the first quarter, helped by a 16.1 per cent increase in spending on new passenger cars and a 3.5 per cent gain for new trucks, vans and sport utility vehicles.
Source - https://ca.finance.yahoo.com/news/statistics-canada-release-gdp-figures-080000031.html
Durable Goods and Capital Spending - United States and the World - May 2023.pptx
Blog – Durable Goods and Capital Spending Analysis and Commentary – June 2023
Summary:
The monthly increase in durable goods orders was $4.9 billion and was largely driven by transportation equipment that was up for the third consecutive month, the U.S. Census Bureau said in the report.
The core durable goods section, which excludes the volatile transportation sector, was up 0.6% in May versus the expected drop of 0.1%. Excluding defense, new orders rose 3%.
The government’s durables report covers items with an expected life of at least three years, such as kitchen appliances, computers, furniture, autos, and airplanes. Economists carefully watch the data for signs of where the economy might be heading.
Despite the stronger-than-expected report, analysts still see weakness in investment to come.
“The wider evidence still suggests that business equipment investment has further to fall,” said Capital Economics deputy chief U.S. economist Andrew Hunter. “While the drag from higher rates on residential investment appears to be fading, we still think the hit to business investment has further to run.”
Source: https://www.kitco.com/news/2023-06-27/U-S-durable-goods-beat-expectations-in-May-gold-price-keeps-its-daily-gains.html
Additional sources and links:
Economic outlook - https://www.advisorperspectives.com/articles/2023/06/26/deduction-index-economic-and-market-swedroe?utm_source=articles_feed&utm_medium=rss&utm_campaign=item_link
Equity Market - https://www.blackrock.com/us/individual/insights/taking-stock-quarterly-outlook
Machine tools orders - https://www.amtonline.org/article/us-cutting-tool-orders-totaled-usd190-0-million-in-april-2023-bringing-year
Automation - https://techjury.net/blog/jobs-lost-to-automation-statistics/ or Blog – Top Six reasons to step up Business Automation - https://www.linkedin.com/posts/paul-young-055632b_six-reasons-not-to-let-economic-uncertainty-activity-7079137391667515392-MV7v?utm_source=share&utm_medium=member_desktop
Construction costs - https://www.on-sitemag.com/construction/construction-costs-remain-problematic/1003979723/
Infrastructure - https://www.contractornews.com/673/government-infrastructure-spending-bolsters-construction-industry
Sustainable Financing - https://about.bankofamerica.com/en/making-an-impact/sustainable-finance
Mitigation - https://www.reuters.com/world/europe/lack-funds-risks-europe-missing-climate-goals-auditors-say-2023-06-26/
Preliminary - Cost of Living - Canada - August 2022.pptx
Canada housing could be heading towards a 1990 crash
Middle class continues to see issues with their household budgets
Trudeau continues to say he is focusing on making things more affordable. Key indices are showing that each mandate under Trudeau policies have made things worse in terms of affordability.
Lithium prices continue to impact the cost of electrical vehicles
Wage growth is between 3.0% to 3.4%. Many unions are bargaining for higher wages due to high cost of living.
Central banks hiking interest rates could lead to a slow down in each of their economies.
BNS call out Justin Trudeau stimulus as saying it will address the issue with high inflation. Trudeau continues to believe in throwing money at the symptoms instead of fixing the systemic issues with his policies that are driving inflation up!
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More from paul young cpa, cga
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Canadian retail sales dropped 0.3% in August, the first decline since March, as higher interest rates start to impact household budgets. Seven of the nine retail subsectors saw sales increases in July, led by food and beverage retailers, while motor vehicle and parts dealers saw the largest decrease. Excluding autos, retail sales in July rose 1%, double expectations. The report suggests Canadians are tightening spending as more face higher mortgage payments and gas prices due to Bank of Canada rate hikes aimed at slowing inflation.
Addressing issues with the Public Sector Governance Model.pptx
The key challenges facing Australian business leaders in 2023 include:
1. Talent acquisition, retention and training staff for digital transformation.
2. Implementing successful digital transformation while managing cyber risks.
3. Adapting to changing regulations and reporting requirements.
Health risks from COVID-19, social reputation concerns, and disruptive emerging technologies are also significant social challenges impacting Australian businesses. Over the next 3-5 years, talent management for digitization, cybersecurity, digital transformation, regulatory changes, and identifying new growth opportunities will be the top challenges according to business leaders.
Global Housing Market Analysis and Commentary- September 2023.pptx
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
What is next for the Mining Sector.pptx
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Manufacturing Sector – United States – August 2023.pptx
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptx
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
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Electricity Analysis - Canada and the OECD - June 2023.pptx
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
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How to improve the Governance Model for the Public Sector - United States - S...
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What is next for Agriculture Sector - August 2023.pptx
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This document provides an overview and agenda for a presentation on the biotech, pharmaceutical, and healthcare sector. It includes:
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Better Public Safety Management using Analytics - September 2023.pptx
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Stock Market Analysis and Commentary for WE September 9 2023.pptx
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Workforce Planning and Employment Analysis - August 2023.pptx
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Global Automotive - Analysis and Commentary - August 2023.pptx
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Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
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World Merchandise Trade – September 2023.pptx
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptx
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
Blog - Governance - Education - Crombie.docx
This document discusses several topics related to education funding and policy in Ontario, Canada. It includes links to articles about the skills gap in trades, teacher salaries, school board budgets, and the Drummond Report which reviewed education spending. The document questions whether the reader looks at school board budgets and supports bringing back ARC analysis of low-enrollment schools. It also debates the impacts of rising construction costs and the carbon tax on education funding.
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How has Britain’s safety net changed since 2010 and what comes next?
真实可查(nwu毕业证书)美国西北大学毕业证学位证书范本原版一模一样
原版定制【微信:bwp0011】《(nwu毕业证书)美国西北大学毕业证学位证书》【微信:bwp0011】成绩单 、雅思、外壳、留信学历认证永久存档查询，采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信bwp0011】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信bwp0011】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
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对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
Ending stagnation: How to boost prosperity across Scotland
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
South Dakota State University degree offer diploma Transcript
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
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KYC Compliance: A Cornerstone of Global Crypto Regulatory Frameworks
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Fabular Frames and the Four Ratio Problem
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
高仿英国伦敦艺术大学毕业证（ual毕业证书）文凭证书原版一模一样
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本公司拥有海外各大学样板无数，能完美还原海外各大学 Bachelor Diploma degree, Master Degree Diploma
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留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
1比1复刻(ksu毕业证书)美国堪萨斯州立大学毕业证本科文凭证书原版一模一样
原版定制【微信:bwp0011】《(ksu毕业证书)美国堪萨斯州立大学毕业证本科文凭证书》【微信:bwp0011】成绩单 、雅思、外壳、留信学历认证永久存档查询，采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信bwp0011】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信bwp0011】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
【关于价格问题（保证一手价格）】
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
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Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
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Ending stagnation: How to boost prosperity across Scotland
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- 1. Durable Goods and Capital Spending – United States Paul Young CPA CGA October 27, 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. 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
- 5. 5 Business Investment Outlook / 2022 capspendind.pdf
- 6. 6 Business Investment Outlook / 2021 Source - https://www.kiplinger.com/economic-forecasts/business-spending
- 8. 8 Supply Chain and Analytics
- 10. 10 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
- 11. 11 How to Build Resilient Supply Chain • Blog – How to build a resilient Supply Chain using Data and AI https://ibm.box.com/s/bqy9mr0ktlgi64sbf49o4rg5d9w0rqkn
- 12. 12 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
- 13. 13 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 Tennessee 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! U.S . GDP Ignor e that Headline Number Behind the Cur tain.pdf Dur able Goods - US A.pdf Blog – Durable Goods and Capital Spending – United States and the World – September 2022 Capital spending appears to be heading downward as part of recession fears in 2023 R&D appears to also face cuts due to the fear of a recession in 2023 Ports and intermodal capital spending is required to address issues with port capacity 2023 will be challenging year for both the private and public sectors Power grid needs to make major capital investments as part of net zero plans as well as supporting power demands. Cash reserves by corporation has decline over the past year. education-spending-i n-public-schools-in-canada-2022.pdf The S tate of U.S . Infr astr uctur e Council on For eign R elations.pdf US A housing S ales - New .pdf Advance - Tr ade.pdf Tech sector faces economic challenges amid slow dow n.pdf Economists Cut Austr alia 2023 GDP Outlook, S ignal Inflation R isk - BNN S &P 500 futur es r ise slightly as investor s look past disappointing tech ear nings, Meta shar es cr ater .pdf Ear nings season r eveals the mood of cor por ate Amer ica - Mar ketplace.pdf capspendind.pdf tr oughcapsp.pdf Opinion Ottaw a should acceler ate pr ivate investment in r enew able ener gy, digital infr astr uctur e Industr y Heat Map 1-Month Per for mance - Bar char t.com.pdf Building Br idges Betw een L ithium S upply and Demand.pdf Canadian utilities 'afr aid' to spend on big plans for electr icity gr id exper t.pdf Cr edit Mar kets Get Wake-Up Call With Balance-S heet Cash Dr opping - Bloomber g.pdf Global economy to shr ink fur ther in 2023, in this w eek's R &D Pow er Index - R esear ch & Development Wor ld.pdf 1. Capital spending - https://www.theglobeandmail.com/business/commentary/article-corporate- infrastructure-financing/ 2. Public Sector capital spending - https://www.cfr.org/backgrounder/state-us-infrastructure 3. Australia - https://www.bnnbloomberg.ca/economists-cut-australia-2023-gdp-outlook-signal- inflation-risk-1.1837916 4. Stock - https://www.cnbc.com/2022/10/26/stock-market-futures-open-to-close-news.html 5. Earnings season - https://www.marketplace.org/2022/10/26/as-earnings-season-rolls-on- whats-the-mood-of-corporate-america/ 6. Industry heat - https://www.barchart.com/stocks/sectors/industry-heat-map 7. Lithium - https://www.theassay.com/articles/feature-story/building-bridges-between-lithium- supply-and-demand/ 8. Power grid - https://ca.finance.yahoo.com/news/canadian-utilities-afraid-to-spend-on-big- plans-for-electricity-grid-expert-164702867.html