Economic EventTreasury Budget
UnitsBillions of Dollars
Current PeriodAug 2011
Release DateSep. 13. 11
Reported-134.152
Consensus for Current Period-126.7
Number of Forecasts15
Economic Surprise-7.452 ( -5.88 % )
Prior PeriodJul 2011
Reported Value for Prior Period-129.376
Revised From 
Next Release DateOct. 14. 11
Next Release Time2:00 PM Eastern Time
Source http://fms.treas.gov/mts/mts0811.pdf
NoteA deficit of $134.152B as against a deficit of $90.526B in August 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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