US durable goods orders have stayed unchanged in November

FXStreet (Mumbai) - The Commerce Department today reported durable goods orders in unchanged in November after a 2.9 percent increase in October. Factory orders for long-lasting goods such as autos, airplanes and electronics remained flat last month. Strong dollar and struggling global economy continue to weigh on U.S. manufacturers.

Demand for autos, electronic products and fabricated metals increased in November, but their gains were offset by declines in machinery and aircraft. Orders for capital goods not including aircraft fell 0.4 percent.