New orders for manufactured goods rose 0.4 percent in July to $482 billion, the Commerce Department said today. The increase followed a 2.2 percent increase in June. Shipments fell 0.2 to $483.6 billion. Inventories decreased slightly to $651.2 billion, down 0.1 percent.
ABA, associations reiterate concerns about CFPB nonbank registry
ABA joined two associations in reiterating their concerns about the CFPB’s nonbank registry, which the current bureau leadership has proposed to eliminate.