New orders for manufactured durable goods decreased $8.8 billion or 2.8% in July to $302.8 billion, the U.S. Census Bureau said in its most recent advance report. The drop followed a 9.4% June decrease. Excluding transportation, new orders increased 1.1%. Excluding defense, new orders decreased 2.5%. Transportation equipment led the decline, $10.9 billion or 9.7% to $101.7 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...









