Balance of Trade
Balance of Trade
About This Event
The balance of trade for February will be released.
Previous: $-68.7B
Forecast: $-69B
The balance of trade measures the difference in value between imported and exported goods and services. Higher than expected balance of trade is bullish, while lower than expected balance of trade is bearish.
The US trade gap narrowed to a four-month low of $64.2 billion in March of 2023 from $70.6 billion in February, compared to market forecasts of a $63.3 billion gap. Exports went up 2.1% to $256.2 billion, prompted by sales of crude oil, fuel oil, natural gas, passenger cars and travel while sales fell for nonmonetary gold and transport. Meanwhile, imports edged 0.3% lower to $320.4 billion, with purchases falling for semiconductors, electric apparatus, excavating machinery, crude and fuel oil, organic chemicals and sell phones and other household goods and transport. On the other hand, imports went up for finished metal shapes, pharmaceutical preparations and travel. Considering Q1, the goods and services deficit decreased $77.6 billion, or 27.6% from the same period in 2022. Exports increased $61.4 billion or 8.7% and imports decreased $16.2 billion or 1.6%. source: Bureau of Economic Analysis (BEA)
Why This Event Matters
Economic releases such as Balance of Trade are widely followed because they can shape expectations for growth, inflation, and monetary policy. Traders and investors often use these data points when assessing interest-rate outlooks, Treasury yields, and sector rotation themes. The scheduled timing is April 5, 2023 (America/New_York), subject to source updates.
Source summary: The balance of trade for February will be released.
Previous: $-68.7B Forecast: $-69B
The balance of trade measures the difference in value between imported and exported goods and services. Higher than expected balance of trade is bullish, while lower than expected balance of trade is bearish.
The US trade gap narrowed to a four-month low of $64.2 billion in March of 2023 from $70.6 billion...
This listing is associated with SPY. Market participants may watch these names around the event window for volatility or news flow.
Frequently Asked Questions
- What is Balance of Trade?
- It is a stock market catalyst entry on Catacal—an event or release investors and traders may monitor. Details are summarized from the cited source and may be updated over time.
- When is Balance of Trade?
- The calendar shows Apr 5, 2023 (America/New_York). Verify the exact time and any changes using the source link when planning around the event.
- Why does Balance of Trade matter for investors?
- Macro releases can influence rate expectations, yields, and sector leadership. Market participants often reassess positioning after the data.
- Which stocks or sectors could be affected?
- Symbols linked to this listing include SPY; other names in the same industry group may also move with related news.
- How is this event categorized?
- Catacal groups this entry under "Economic Data" for navigation. Categories help you find comparable catalysts and build a week-by-week watchlist.
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