New orders for manufactured durable goods decreased $0.1 billion in January to $321.2 billion, virtually unchanged since the previous month, the U.S. Census Bureau said in its most recent advance report. The slight decline followed a 0.9% December decrease. Excluding transportation, new orders increased 0.4%. Excluding defense, new orders increased 0.5%. Transportation equipment drove the decrease, $1 billion or 0.9% to $113.3 billion.
Banking agencies promise new approach for handling sensitive information
The Federal Reserve, FDIC and OCC announced a “coordinated approach” for handling sensitive information used in bank examinations, including a new pledge to notify banks about data breaches that threaten to expose that information.
