Description: this report measures the difference between exports and imports of US goods and services. The trade report is most widely watched for trends in the overall trade balance. This report is significant as imports and exports are important components of aggregate economic activity, representing approximately 14 and 12 percent of GDP respectively.
Changes in the trade balance with particular countries can have implications for foreign exchange and policy with that trading partner. Therefore, this report is of importance to investors who are interested in diversifying globally.
Release Date: 8:30 AM (EST); monthly.