The balance between exports and imports of total goods and services released by the Bureau of Economic Analysis. A positive Trade Balance, or surplus, offers indication that exports are greater than imports. Trade deficits are derived from the tendency of foreign goods being purchased using foreign currency. The report tends to not be timely as it comes quite a while after the initial reporting period. Aside from lack of timeliness, developments in many of the figure's components are also generally quite well anticipated. Lastly, the Balance should already have been felt during that month and not during the release of data.