2012 Economic Calendar
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Treasury Budget
Released On 1/12/2012 2:00:00 PM For Dec, 2011
PriorConsensusConsensus RangeActual
Treasury Budget - Level$-137.3 B$-79.0 B$-112.0 B to $-70.0 B$-86 B

Highlights
December's government deficit totals an about as-expected $86.0 billion. The deficit for the first three months of the government's fiscal year continues to show sizable improvement with receipts up 4.4 percent and spending down 2.6 percent.

Recent History Of This Indicator
The U.S. Treasury monthly budget report showed a deficit of $150.4 billion for November that reflected a $27 billion calendar timing shift for government payments that held down October at the expense of November. Looking ahead, the month of December typically comes in close to breakeven for the month. Over the past 10 years, the average surplus for the month of December has been $0.1 billion. Over the past 5 years there has been an average deficit of $8.4 billion. The December 2010 deficit came in at $78.1 billion.

Definition
The U.S. Treasury releases a monthly account of the surplus or deficit of the federal government. Changes in the budget balance of the annual fiscal year (which begins in October) are followed as an indicator of budgetary trends and the thrust of fiscal policy.  Why Investors Care
 
[Chart]
The federal budget balance is not seasonally adjusted. Consequently, it is useful to compare the current month's budget deficit or surplus to the same month for a couple of years. Some months are known to have large surpluses because quarterly estimated tax payments are received by the government.
Data Source: Haver Analytics
 

 

2012 Release Schedule
Released On: 1/122/103/124/115/106/127/128/109/1310/1211/1312/12
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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