Economic EventTreasury Budget
UnitsBillions of Dollars
Current PeriodJun 2011
Release DateJul. 13. 11
Reported-43.08
Consensus for Current Period-60.7
Number of Forecasts14
Economic Surprise17.62 ( 29.03 % )
Prior PeriodMay 2011
Reported Value for Prior Period-57.641
Revised From 
Next Release DateAug. 10. 11
Next Release Time2:00 PM Eastern Time
Source http://fms.treas.gov/mts/mts0611.pdf
NoteA deficit of $43.08B as against a deficit of $68.42B in Jun 2010
DescriptionMonthly Treasury Budget data tends to follow strong seasonal patterns which produce huge fluctuations in the deficit from month to month which does not imply much of long term budget trends. Since the data is not seasonally adjusted, one must compare year to year flows. April tends to be the month where the market regards this report since it has most tax inflows to the Treasury.
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