Last Update: 23-Nov-15 17:58 ET
- As expected, the Treasury Budget for October showed the new fiscal year starting with a deficit. Specifically, the deficit was $136.5 billion, which was slightly worse than the Briefing.com consensus estimate, which called for a deficit of $130.0 billion.
- The Treasury data are not seasonally adjusted, so the October deficit cannot be compared to the $91.1 billion surplus in September.
- Total revenues in October were $211.0 billion while total outlays were $348 billion.
- Revenues were $1.7 billion less than revenues in October 2014 while total outlays were $13.1 billion more than October 2014.
- The yearly deficit shrunk by $60.8 billion to $453.7 billion.
- Raw data available at: www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/current.htm
|Deficit (-)/Surplus Fiscal YTD
|Deficit (-)/Surplus over last 12 months