New orders for manufactured durable goods increased $26.6 billion or 9.2% in March to $315.7 billion, the U.S. Census Bureau said in its most recent advance report. The increase followed a 0.9% February increase. Excluding transportation, new orders were virtually unchanged. Excluding defense, new orders increased 10.4%. Transportation equipment led the increase, $26.5 billion or 27% to $124.6 billion.
Despite temporary tariff relief, small businesses still face elevated costs from historically high tariffs on Chinese goods.
Overall customer satisfaction with personal loans has remained largely flat, according to J.D. Power’s 2025 U.S. Consumer Lending Satisfaction Study.
The CFPB issued an interim final rule ending protections for mortgagors experiencing hardships due to the COVID-19 pandemic.
The University of Michigan Consumer Sentiment Index decreased 2.7% in May compared to the month prior, landing at 50.9, according to preliminary results for the month.
Housing starts increased by 1.6% in April from the month prior to a seasonally adjusted annual rate of 1.34 million, the Commerce Department reported.
The CFPB has withdrawn a proposed rule to prohibit contractual provisions in agreements for consumer financial products or services that waive “substantive” consumer legal rights and protections.
