Economic EventTreasury Budget
UnitsBillions of Dollars
Current PeriodMay 2012
Release DateJun. 12. 12
Reported-124.636
Consensus for Current Period-97.5
Number of Forecasts13
Economic Surprise-27.136 ( -27.83 % )
Prior PeriodApr 2012
Reported Value for Prior Period59.12
Revised From 
Next Release DateJul. 12. 12
Next Release Time2:00 PM Eastern Time
Source http://www.fms.treas.gov/mts/mts0512.pdf
NoteA deficit of $124.636B as against a deficit of $54.641B In May 2011
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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