New orders for manufactured durable goods increased $2.2 billion or 0.8% in September to $284.8 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 0.8% August decrease. Excluding transportation, new orders increased 0.4%. Excluding defense, new orders increased 0.4%. Transportation equipment drove the decrease, falling $3.1 billion or 3.1% to $95.4 billion.
Court lifts remaining nationwide injunction on BOI collection
A federal court has lifted its nationwide injunction on beneficial ownership information collection, citing a U.S. Supreme Court ruling in a separate case on the constitutionality of the Corporate Transparency Act.