New orders for manufactured durable goods increased $1.9 billion or 0.7% in April to $284.1 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 0.8% March increase. Excluding transportation, new orders increased 0.4%. Excluding defense, new orders were virtually unchanged. Transportation equipment led the increase, $1.1 billion or 1.2% to $96.2 billion.
ABA, state bankers associations offer recommendations for CRA rules revisions
As banking agencies consider amending the regulations that implement the Community Reinvestment Act, they should preserve the broader framework while making changes to better tailor supervision, increase regulatory thresholds and focus on lending, ABA and 45 state bankers...









