Economic EventTreasury Budget
UnitsBillions of Dollars
Current PeriodDec 2011
Release DateJan. 12. 12
Reported-85.96
Consensus for Current Period-90.1
Number of Forecasts7
Economic Surprise4.14 ( 4.59 % )
Prior PeriodNov 2011
Reported Value for Prior Period-137.3
Revised From 
Next Release DateFeb. 10. 12
Next Release Time2:00 PM Eastern Time
Source http://www.fms.treas.gov/mts/mts1211.pdf
NoteA deficit of $85.96B as against a deficit of $78.13B in December 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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