Economic EventTreasury Budget
UnitsBillions of Dollars
Current PeriodOct 2012
Release DateNov. 13. 12
Consensus for Current Period-117.4
Number of Forecasts22
Economic Surprise-2.59 ( -2.21 % )
Prior PeriodSep 2012
Reported Value for Prior Period75.02
Revised From 
Next Release DateDec. 12. 12
Next Release Time2:00 PM Eastern Time
NoteA deficit of $119.99B as against a deficit of $98.46B In october 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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