New orders for manufactured durable goods increased $7.3 billion or 2.6% in March to $283.4 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 0.7% February increase. Excluding transportation, new orders increased 0.2%. Excluding defense, new orders increased 2.3%. Transportation equipment led the increase, $6.8 billion or 7.7% to $95.9 billion.
House advances ABA-backed bill to ease Section 1071 reporting burden
The House Financial Services Committee voted 26-22 to advance legislation to exempt certain lenders from small-business lending data reporting requirements.










