Econoday Economic Report: International Trade in Goods April 26, 2018

2018 Economic Calendar

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International Trade in Goods

Released On 4/26/2018 8:30:00 AM For Mar, 2018

	Prior	Consensus	Consensus Range
Balance	$-75.4 B	$-74.5 B	$-75.9 B to $-71.0 B
Exports % change	2.2 %
Imports % change	1.4 %

Consensus Outlook
The goods deficit is expected to narrow to a consensus $74.5 billion in March vs $77.0 billion in February (revised from an initial $75.4 billion). March's report will offer some of the first hints, if any, on the cross-border effects of U.S. metal tariffs.

Definition
The Census Bureau is now publishing an advance report on U.S. international trade in goods. The Bureau of Economic Analysis will incorporate these data into its estimates of exports and imports for the advance GDP estimates. This is expected to reduce the size of revisions to GDP growth in the second estimates.

Note that data in the advance goods report are accounted for on a census basis and can differ slightly from subsequent data in the international trade report where goods data are accounted for on a balance of payment basis to adjust for changes in ownership that can occur without goods passing into or out of the US. Why Investors Care

2018 Release Schedule

Released On: 1/26 2/27 3/28 4/26 5/30 6/27 7/26 8/28 9/27 10/25 11/28 12/28

Release For: Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov