FXStreet (Mumbai) - US durable goods order data for December will be released today at 13.30 GMT. Durable goods order is expected to have shrunk 0.6 per cent in December after having remained unchanged in November. Excluding transportation, durable goods order is estimated to have stayed unchanged in December at -0.1 per cent. New orders for durable goods were almost unchanged in November. It showed a very small, barely noticeable increase of $0.1 billion in November, as new orders for transportation equipment increased by 0.4 per cent. Excluding transportation, new orders decreased 0.1 per cent while excluding defense, orders were noted to have fallen 1.5 per cent. Durable Goods Orders in the United States averaged 0.35 per cent from 1992 until 2015. It reached an all-time high of 23.80 per cent in July 2014 and a record low of -19.40 per cent in August 2014. Manufacturing sector has been hard hit due to poor global economic outlook. Exporters are feeling the pinch of a strong dollar on the other hand. The consequent decline in orders has pushed up inventory, causing the appetite to restock to sink. Jobless claims Initial jobless claims for the week ending January 22nd is expected to fall to 282,000, below 293,000 recorded in the week before. Continuous jobless claim for the week ending January 15th is however expected to rise. Continuous claim is estimated to have risen to 2.217 million, up from 2.208 million. Nonfarm payrolls increased by 292,000 in December, beating estimates. Unemployment rate in the US came in at 5 per cent in December, staying at a 7-1/2-year low for the third straight month. The figures indicate a robust labor market. However, the average hourly earnings dropped in December. Wage growth can be expected to rise further only by the middle of the year as the labor market gradually moves towards full employment. The labor force participation rate was also a disappointment in December. It came in at 62.6 per cent, which is a near four-decade low. For more information, read our latest forex news.