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.

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

7. 7
Capital Investment

8. 8
Supply Chain and Analytics

9. 9
Capital Expenditure Planning

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