Economic EventTreasury Budget
UnitsBillions of Dollars
Current PeriodJul 2012
Release DateAug. 10. 12
Reported-69.604
Consensus for Current Period-104.4
Number of Forecasts8
Economic Surprise34.796 ( 33.33 % )
Prior PeriodJun 2012
Reported Value for Prior Period-59.74
Revised From 
Next Release DateSep. 13. 12
Next Release Time2:00 PM Eastern Time
Source http://www.fms.treas.gov/mts/mts0712.pdf
NoteA deficit of $69.604B as against a deficit of $129.376B In July 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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