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

1. Durable Goods and
Capital Spending –
United States – March
2022
Paul Young CPA CGA
April 26, 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
Durable goods sales
- USA March 2022.pdf

5. 5
USA Durable Goods – March 2022
Source –https://economics.bmo.com/en/publications/detail/5a4230ea-e109-4443-b13f-3422b8702464/

6. 6
Business Investment Outlook / 2022
capspendind.pdf

7. 7
Business Investment Outlook / 2021
Source - https://www.kiplinger.com/economic-forecasts/business-spending

8. 8
Capital Investment

9. 9
Supply Chain and Analytics

10. 10
Capital Expenditure Planning

11. 11
Blog – Supply Chain
Many thanks to Deloitte, MHI, Thomasnet for posting this survey.
It was a close race between the top four technology areas respondents said they are increasing supply chain resiliency
investments in:
 Inventory and network optimization — 54%
 Cloud computing and storage — 54%
 Robotics and automation — 53%
 Sensors and automatic identification — 52%
For more information, please see the following link: https://www.linkedin.com/pulse/blog-need-resilience-amid-pandemic-
disruption-powering-paul-young/?published=t

12. 12
How to Build Resilient Supply Chain
• Blog – How to build a resilient Supply Chain using Data and AI
https://ibm.box.com/s/bqy9mr0ktlgi64sbf49o4rg5d9w0rqkn

13. 13
ESG Reporting
Blog - Accountant’s face challenges with ESG reporting -
Financial professionals are confronting some big obstacles when it comes to environmental, social and governance
reporting, according to a new survey, including competing and sometimes conflicting disclosure frameworks, reporting
methodologies and stakeholder demands.
The report, released Thursday by Financial Executives International’s Financial Education & Research Foundation, polled
53 chief accounting officers and controllers from some of the largest U.S. companies, and found that 53% of the
respondents indicated they had not yet started to integrate ESG reporting with their financial reporting, while 43% said
they had only just started to do so. Data is the biggest single challenge to ESG reporting, with questions related to
collection, collation, analysis and control among the biggest ESG-related data questions. The plethora of competing
standards and frameworks is also a big challenge, with 85% of companies using multiple ESG reporting frameworks.
Finance professionals reported they had a hard time hearing through all the noise and providing relevant, concise ESG
metrics in telling their organization’s ESG story.
Source - https://www.accountingtoday.com/news/accountants-face-challenges-with-esg-reporting
Templates: https://ibm.box.com/s/nsbds2s5v8znpwqzc03p9urykbat38w0
Presentation: https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce

14. 14
Summary
• Canada continues to lag other countries when it comes to attracting FDI.
• Canada lacks a coherent strategy when it comes to advance manufacturing as well as developing its natural resources
in a sustainable way.
• US federal government needs to address issues with both energy and food security
• Various states continue to push the Biden government on energy security
• Two years after COVID19 little strides have been made to build a resilient supply chain both domestically and
internationally
• Georgia, Alabama, Texas, Alabama, and Tennesee continue to key destinations for investment
• Progressive governments continue to push expensive social programs without considering how those programs impact
their fiscal gap and/or mean to their competitiveness!
Dur able goods s ales
- USA Mar ch 2022.pdf
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
Blog – Durable Goods and Capital Spending – USA and the World
Mobility’s net-zer o
tr ans ition A look at oppor tunities and r is ks McK ins ey.pdf
Capital inves tment is
about to s ur ge Ar e your oper ations r eady McK ins ey.pdf
Pr ivate Debt to
Weigh on Global E conomic Recover y – IMF Blog.pdf
global-economic-outl
ook-apr il-2022-br ochur e.pdf
Inves tment Outlook
2022 A Hotter Cycle Mor gan Stanley.pdf
The 2022 K ear ney
For eign Dir ect Inves tment Confidence Index® Optimis m das hed - K ear ney
Adient Stock Bus ines s
Outlook And Capital Allocation Dr aw Attention (NYSE ADNT) Seeking Alpha.pdf
Wall St Week Ahead
'Robus t' cor por ate cas h may buoy s tocks after r ocky quar ter Reuter s .pdf
Canadians ar e s itting
on r ecor d amounts of cas h - but nobody is s ur e what to do with the money - The Globe and Mail.pdf
Gar tner For ecas ts
Wor ldwide IT Spending to Reach $4.4 Tr illion in 2022.pdf
Role of US and
Chines e big tech wor r ying E U’s R&D futur e-gazer s - Res ear ch Pr ofes s ional News .pdf
Gover nment R&D
expenditur e fell in 2021, after huge r is e in pandemic-r elated s pending on
1. Net-zero investments - https://www.mckinsey.com/industries/automotive-and-assembly/our-
insights/mobilitys-net-zero-transition-a-look-at-opportunities-and-risks
2. Capital investments - https://www.mckinsey.com/business-functions/operations/our-
insights/capital-investment-is-about-to-surge-are-your-operations-ready
3. Great rebalancing - https://www.morganstanley.com/ideas/investment-outlook-2022-hotter-
business-cycle
4. FDI - https://www.kearney.com/foreign-direct-investment-confidence-index/2022-full-report
5. Dividends - https://seekingalpha.com/article/4502868-adient-stock-business-outlook-capital-
allocation-draw-attention
6. Cash balances - https://www.reuters.com/business/wall-st-week-ahead-robust-corporate-cash-
may-buoy-stocks-after-rocky-quarter-2022-04-01/
7. Cash - https://www.theglobeandmail.com/investing/markets/inside-the-market/article-
canadian-cash-in-circulation-reach-60-year-high/
8. IT spending - https://www.gartner.com/en/newsroom/press-releases/2022-04-06-gartner-
forecasts-worldwide-it-spending-to-reach-4-point-four-trillion-in-2022
9. Innovation - https://www.researchprofessionalnews.com/rr-news-europe-innovation-2022-4-
role-of-us-and-chinese-big-tech-worrying-eu-s-r-d-future-gazers/