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Goods and Services Trade Balance

The Goods and Services Trade Balance released by the Bureau of Economic Analysis and the US Census Bureau is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the USD. If a steady demand in exchange for US exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the USD.<

Most recent - Thursday 4 April 2024 12:30

Previous
$-67.4B
Revised
$-67.6B
Forecast
$-67.3B
Actual
$-68.9B

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Thursday 2 May 2024 12:30

Previous
$-68.9B
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Goods and Services Trade Balance yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Goods and Services Trade Balance was $-68.9B against a forecast of $-67.3B.

Past events

Date
Forecast
Actual
Thursday 4 April 2024 12:30
$-67.3B
$-68.9B
Thursday 7 March 2024 13:30
$-63.5B
$-67.4B
Wednesday 7 February 2024 13:30
$-62.2B
$-62.2B
Tuesday 9 January 2024 13:30
$-65B
$-63.2B
Wednesday 6 December 2023 13:30
$-64.1B
$-64.3B
Tuesday 7 November 2023 13:30
$-60.2B
$-61.5B
Thursday 5 October 2023 12:30
$-62.3B
$-58.3B
Wednesday 6 September 2023 12:30
$-65.8B
$-65B
Tuesday 8 August 2023 12:30
$-65B
$-65.5B
Thursday 6 July 2023 12:30
$-69.8B
$-69B
Wednesday 7 June 2023 12:30
$-75.2B
$-74.6B
Thursday 4 May 2023 12:30
$-63.3B
$-64.2B
Wednesday 5 April 2023 12:30
$-69B
$-70.5B
Wednesday 8 March 2023 13:30
$-68.9B
$-68.3B
Tuesday 7 February 2023 13:30
$-68.5B
$-67.4B
Thursday 5 January 2023 13:30
$-74B
$-61.51B
Tuesday 6 December 2022 13:30
$-79.1B
$-78.2B
Thursday 3 November 2022 12:30
$-72.2B
$-73.28B
Wednesday 5 October 2022 12:30
$-68B
$-67.4B
Wednesday 7 September 2022 12:30
$-70.3B
$-70.7B
Thursday 4 August 2022 12:30
$-80.1B
$-79.6B
Thursday 7 July 2022 12:30
$-84.9B
$-85.55B
Tuesday 7 June 2022 12:30
$-89.5B
$-87.1B
Wednesday 4 May 2022 12:30
$-107B
$-109.8B
Tuesday 5 April 2022 12:30
$-88.5B
$-89.2B
Tuesday 8 March 2022 13:30
$-87.1B
$-89.7B
Tuesday 8 February 2022 13:30
$-83B
$-80.73B
Thursday 6 January 2022 13:30
$-77.1B
$-80.2B
Tuesday 7 December 2021 13:30
$-67.5B
$-67.1B
Thursday 4 November 2021 12:30
$-74.1B
$-80.9B
Tuesday 5 October 2021 12:30
$-70.5B
$-73.3B
Thursday 2 September 2021 12:30
$-71B
$-70.1B
Thursday 5 August 2021 12:30
$-74.1B
$-75.7B
Friday 2 July 2021 12:30
$-71.4B
$-71.2B
Tuesday 8 June 2021 12:30
$-69B
$-68.9B
Tuesday 4 May 2021 12:30
$-74.5B
$-74.4B

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Goods and Services Trade Balance result:

PreviousLatest
Existing Home Sales Change (MoM)Bearish change9.5%-4.3%
Initial Jobless Claims(no change)212K212K
Philadelphia Fed Manufacturing SurveyBullish change3.215.5
Industrial Production (MoM)(no change)0.4%0.4%
Building Permits (MoM)Bearish change1.523M1.458M
Housing Starts (MoM)Bearish change1.549M1.321M
NY Empire State Manufacturing IndexBullish change-20.9-14.3
Retail Sales (MoM)Bearish change0.9%0.7%
Retail Sales Control GroupBullish change0.3%1.1%
Retail Sales ex Autos (MoM)Bullish change0.6%1.1%
Michigan Consumer Sentiment IndexBearish change79.477.9
UoM 5-year Consumer Inflation ExpectationBullish change2.8%3%
Initial Jobless ClaimsBullish change222K211K
Producer Price Index (MoM)Bearish change0.6%0.2%
Producer Price Index (YoY)Bullish change1.6%2.1%
Producer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Producer Price Index ex Food & Energy (YoY)Bullish change2.1%2.4%
Monthly Budget StatementBullish change$-296B$-236B
Consumer Price Index (MoM)(no change)0.4%0.4%
Consumer Price Index (YoY)Bullish change3.2%3.5%
Consumer Price Index ex Food & Energy (MoM)(no change)0.4%0.4%
Consumer Price Index ex Food & Energy (YoY)(no change)3.8%3.8%

About Goods and Services Trade Balance

Country:United States
Currency:USD
Source:US Census Bureau
Category:Capital Flows
Frequency:Monthly

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