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.
Banking agencies pledge more scrutiny of core provider business practices
The federal banking agencies pledged to step up oversight of third-party core providers whose business practices “unreasonably limit” community banks from conducting due diligence or from negotiating contract terms that address the banks’ business needs.









