New orders of manufactured goods decreased $1.3 billion or 0.2% from the prior month to $590.4 billion in August, the Commerce Department said today. Shipments of manufactured goods decreased $3.1 billion or 0.5% to $590.1 billion, while inventories increased $1.2 billion or 0.1% to $860.2 billion.
Agencies eliminate PSPA restrictions on Fannie Mae, Freddie Mac conservatorships
FHFA and Treasury Department will delete provisions in the preferred stock purchase agreements governing the conservatorships of Fannie Mae and Freddie Mac that were previously suspended after multiple groups raised concerns about their effects on housing markets.