US Budget Surplus Narrows in June


The US budget surplus fell 39 percent year-on-year to USD 71 billion in June of 2014. A year earlier, the country’s surplus amounted to USD 117 billion.

In June, receipts reached USD 324 billion, up 13 percent year-on-year while the outlays surged 49 percent to USD 253 billion.

The year-to-date deficit was USD 366 billion at the end of June of 2014, down from a USD 510 billion gap a year earlier.

US Budget Surplus Narrows in June


US Treasury | Joana Taborda | joana.taborda@tradingeconomics.com
7/11/2014 7:12:20 PM