New orders for manufactured durable goods increased $26.1 billion or 9.9% in July to $289.6 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 6.9% June decrease. Excluding transportation, new orders decreased 0.2%. Excluding defense, new orders increased 10.4%. Transportation equipment drove the increase, $26.4 billion or 34.8% to $102.2 billion.
Survey: Bank customer experience as important as products, services
Nearly nine in 10 people say customer experience is just as important as a bank’s products and services, according to a recent survey. Asked why they left their primary bank, concerns over security was the top reason cited.