New orders of manufactured goods increased $8.2 billion, or 1.4%, from the prior month to $576.8 billion in February, the Commerce Department said today. Shipments of manufactured goods increased $8 billion or 1.4% to $581.6 billion, while inventories increased $2.3 billion or 0.3% to $857.7 billion.
ABA opposes proposed Freddie Mac second mortgage product
ABA said it opposed a proposal by Freddie Mac to purchase single-family, closed-end second mortgages on which the enterprise already...