POST Online Media Lite Edition



 

U.S. government posts $139 billion deficit in November

Staff Writer |
The U.S. government reported a $139 billion deficit in November, the Treasury Department said.

Article continues below






That compared with a budget deficit of $137 billion in the same month last year, according to Treasury's monthly budget statement.

Economists polled by Reuters had forecast the Treasury recording a $134 billion deficit last month.

When accounting for calendar adjustments, the deficit last month was also $139 billion compared with an adjusted deficit of $137 billion in the same month in the previous year.

The deficit for the fiscal year to date was $202 billion, compared to a deficit of $183 billion in the comparable period for fiscal 2017.

On an adjusted basis, the fiscal year-to-date deficit was $248 billion last month versus $222 billion in the prior year.

Receipts last month totaled $208 billion, up 4 percent from one year ago, while outlays were $347 billion, a 3 percent increase from the same month a year earlier.


What to read next

Brazil has lost 104,600 jobs in February
Number of job vacancies in Estonia up 3% in Q3
Tax payments down 5 percent in Norway in 2016