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Economy

Economic Data (USA)

Tuesday, June 12, 2007

Treasury Budget for May, 2007

The U.S. Treasury Budget monthly account for May, 2007 was released today:

Predicted: -70,000,000,000
Actual: -$67,700,000,000

The "actual" figure above represents the monthly balance on the U.S. federal government's "books" and is compiled by The Treasury Department. A positive number represents a surplus, while a negative represents a deficit.

The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

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