Summary: USA is experiencing inflation rates not seen since the 1970s USA GDP shrank 1Q22 USA fiscal policies continue to hamper GDP growth Cost and availability of housing continues to pose a threat for the USA economy

1. KEY PERFORMANCE
INDICATORS FOR
THE UNITED STATES
– APRIL 2022 AND
MARCH 2022
Paul Young CPA CGA
May 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. AGENDA
• KPI (Macro and Micro Indicators
• USA GDP
• Analysis of Durable Goods
• Retail Sales / USA
• CPI – Inflation
• USA Employment
• Merchandise Trade
• Stock Market
• Wage Growth Analysis
• Housing Market – USA
• Fiscal Update / CBO
• USA Border / Texas

4. KEY MACRO AND MICRO INDICATORS
FOR THE UNITED STATES

5. MARCH 2022 – GDP
GDP - USA -
1Q22.pdf

6. USA GDP
Source - https://www.bea.gov/news/2021/gross-domestic-product-state-4th-
quarter-2020-and-annual-2020-preliminary

7. USA GDP
Source -
https://www.bea.gov/n
ews/2021/gross-
domestic-product-
state-4th-quarter-
2020-and-annual-
2020-preliminary

8. USA VS CANADA – RETAIL SALES
BMO -
https://economics.bmo.com/en/publications/detail/ed5e7630-
886f-486e-a97e-16ec29422532/
BMO -
https://economics.bmo.com/en/publicati
ons/detail/c9d2fe5f-0838-4595-8895-
bd9f21ae054a/
U.S. Retail Sales
Inflating Away.pdf Canadian Retail Sales
(Mar.) — Strength Under the Hood.pdf

9. DURABLE GOODS / KEY AREAS – USA
Source - https://www.census.gov/economic-indicators/index.php
Durable Goods USA
(Advance - April 2022.pdf

10. OECD AND INFLATION

11. BMO – CONSUMER PRICE INDEX
Source -
https://economics.bmo.com/en/publications/detail/
d0fee10a-93f7-4a89-957e-6e235056f623/
Source – BMO - https://economics.bmo.com/en/publications/detail/31f5c274-1ed1-4698-
b167-9a99495fb4c8/
U.S. CPI The Core Is
No Bore.pdf
Canadian CPI Who'll
Stop the Rain .pdf

12. USA VS CANADA EMPLOYMENT

13. NET NEW JOBS – UNITED STATES
Source - https://www.bls.gov/news.release/empsit.nr0.htm#
PRESENTATION TITLE 13
Bureau of Labor -
USA - Employment - April 2022.pdf

14. TOTAL USA EMPLOYMENT
Source - https://www.bls.gov/news.release/empsit.nr0.htm#

15. TRADE ANALYSIS
- USA
https://www.census.gov/for
eign-trade/data/index.html
Trade and USA.pdf

16. COUNTRY /
TRADE – USA
Source – USA government

17. TRADE ANALYSIS - USA
Source - https://www.census.gov/foreign-trade/data/index.html

18. CHINA AND USA TRADE

19. CHINA AND USA TRADE
Source - https://www.scmp.com/economy/china-economy/article/3166325/us-china-trade-deal-
historic-failure-purchases-more-30-cent and https://www.piie.com/blogs/realtime-economic-issues-
watch/china-bought-none-extra-200-billion-us-exports-trumps-trade
US-China trade deal
a ‘historic failure’ with purchases more than 30 per cent short of target, PIIE report says South China Mornin

20. SUMMARY
PRESENTATION TITLE 20
Summary:
The S&P gained 2.5%. The Nasdaq composite jumped 3.3% and the Dow Jones Industrial Average closed 1.8% higher.
The small-cap Russell 2000 gained 2.7%. Volume was mixed, rising on the Nasdaq but falling on the New York Stock
Exchange compared to the same time Thursday.
Meanwhile, the yield on the benchmark 10-year Treasury note slid to 2.74%. West Texas Intermediate crude oil rose
again and was trading around $115 per barrel.
Positive inflation data was helping stocks end the week on a high note. Core personal consumption expenditures — the
Federal Reserve's preferred inflation indicator — rose 4.9% in April, slower than March's 5.2% increase.
The inflation data "raised expectations that inflation is peaking," said economist Ed Yardeni. He said he still expects the
Fed to raise interest rates by a half point in each of the next two meetings in June and July. "The S&P 500 should
continue to move mostly sideways this year, consolidating its gains since the start of the bull market in 2009 and
correcting the pandemic valuation excesses," he wrote in a social media post.
Source - https://www.investors.com/market-trend/stock-market-today/stock-market-extends-rally-as-key-inflation-rate-comes-in-
lower-tesla-boeing-apple-lead-indexes/ and https://www.slideshare.net/paulyoungcga/what-is-up-with-the-stock-market-may-27-
2022pptx

21. HOUSING / UNITED STATES

22. PERSONAL INCOME
Source – USA Government
Personal Income -
USA.pdf

23. CBO REPORT – BUDGET – UNITED
STATES – APRIL 2022

24. CBO – REPORT – APRIL 2022
Source – CBO

25. WHAT’S NEXT
• Ability of the United States along with other countries to roll out vaccinations as part of re-opening their
economy will be key over the next few months - https://www.slideshare.net/paulyoungcga/geopolitical-events-
vaccines-distribution-canada-march-20-2021
• All levels of government need to ensure their crisis/risk management reports are audited every year as part of
safeguarding assets from geopolitical events - https://www.slideshare.net/paulyoungcga/why-there-needs-to-
be-audited-reports-of-crisis-emergency-management-policies-and-procedures
• United States like many countries needs to review its policies related to the circular economy -
https://www.slideshare.net/paulyoungcga/how-to-maximized-the-circular-economy-244067365
• Aligning education with jobs of today and tomorrow will be key to supporting short-term and long-term
economic growth - https://www.slideshare.net/paulyoungcga/human-capital-management-skills-development-
analysis-and-commentary-february-2021
• Reforming global trade through modernization of WTO will be key part of reducing protectionism policies -
https://www.slideshare.net/paulyoungcga/merchandise-trade-usa-january-2021
• There needs to be global discussion on how best to reform both domestic and the global economy -
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-march-2021
Blog – Scorecard – Fiscal and Economic – The USA – April 2022 and March 2022
GDP - USA -
1Q22.pdf
US consumer
spending points to 3%+ GDP growth this quarter Article ING Think.pdf
US home prices rose
15% in February from a year ago - CNN.pdf
newressales.pdf Buyers on Notice Act
Quickly and Be Prepared to Pay Up, According to Realtor.com® January Housing Report.pdf
US Existing-Home
Sales Rise to a 10-Year High in January.pdf
Sales of existing
homes, prices fall in January.pdf
Personal Income -
USA.pdf
Personal Income -
USA - BEA.pdf
US home prices rose
15% in February from a year ago - CNN.pdf
newressales.pdf Buyers on Notice Act
Quickly and Be Prepared to Pay Up, According to Realtor.com® January Housing Report.pdf
US Existing-Home
Sales Rise to a 10-Year High in January.pdf
Sales of existing
homes, prices fall in January.pdf
Personal Income -
USA - BEA.pdf
Southwest Land
Border Encounters U.S. Customs and Border Protection Preview.pdf
Why US Economy
Shrank Faster Than Expected in Q1 and What It Means for Consumers GOBankingRates.pdf
Record high U.S. job
openings, resignations likely to fuel wage inflation Reuters.pdf
US wage growth to
peak (Bloomberg).pdf
When Will U.S. Crude
Production Return To Pre-Pandemic Levels OilPrice.com.pdf
US LNG exports not
enough to cover European demand Upstream Online.pdf
Critical resources,
imperialism and the war against Russia - World Socialist Web Site.pdf
Household Debt -
USA.pdf
Worry about
stagflation, a flashback to ’70s, begins to grow The Journal Record.pdf
Hutchins Center Fiscal
Impact Measure.pdf
How to restore
America’s dominance in technology The Hill.pdf
China's interest in US
agriculture poses security threat, federal report warns.pdf
Business Spending
Forecast Kiplinger.pdf
Summary:
USA is experiencing inflation rates not seen since the 1970s
USA GDP shrank 1Q22
USA fiscal policies continue to hamper GDP growth
Cost and availability of housing continues to pose a threat for the USA economy
1. USA – GDP - https://www.gobankingrates.com/money/economy/why-us-economy-shrank-
faster-than-expected-q1/
2. Job vacancies - https://www.reuters.com/world/us/us-job-openings-hit-record-high-115-
million-march-2022-05-03/

26. OTHER
SOURCES
• If you like to learn more
about trade and/or other
subjects as part of your
professional learning and,
development then feel free
to review my material on
https://www.udemy.com/
(search Paul Young CPA CGA

27. OTHER SOURCES
• You can additional information on USA via my SlideShare account -
https://www.slideshare.net/paulyoungcga