US Budget Deficit Shrinks in August


The US budget gap reached USD 129 billion in August of 2014, down 13 percent from a year earlier and slightly better than market expectations.

In August, receipts reached USD 194 billion, up 5 percent year-on-year while the outlays fell 3 percent to USD 323 billion.

The year-to-date deficit was USD 589 billion at the end of August of 2014, the lowest in six years. 

US Budget Deficit Shrinks in August


US Treasury | Joana Taborda | joana.taborda@tradingeconomics.com
9/11/2014 11:23:11 PM