US Budget Surplus Widens in September


The US budget surplus reached USD 105.8 billion in September of 2014, up 41 percent from a year earlier and better than market expectations.

In September, receipts reached USD 352 billion, up 16.9 percent year-on-year while the outlays rose at a slower 8.9 percent to USD 246 billion.

The year-to-date deficit was USD 483 billion at the end of September of 2014, down from USD 680 billion last year. The deficit to GDP ratio reached 2.8 percent, the lowest since 2007.

US Budget Surplus Widens in September


US Treasury | Joana Taborda | joana.taborda@tradingeconomics.com
10/15/2014 4:12:28 PM