The US government budget deficit narrowed by 30% to USD 211 billion in July of 2022 from USD 302 billion in the corresponding month of the previous year, compared to market expectations of a USD 194 billion gap. Receipts grew by 3 percent to USD 269 billion, while outlays fell by 15% to USD 480 billion mainly due to COVID-19 relief spending. The US federal deficit was at USD 726 billion in the ten months of the 2022 fiscal year, 71% lower than the USD 2,54 billion from the corresponding period of 2021. source: Financial Management Service, US Treasury
Government Budget Value in the United States averaged -25922.04 USD Million from 1954 until 2022, reaching an all time high of 308215 USD Million in April of 2022 and a record low of -864074 USD Million in June of 2020. This page provides - United States Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Government Budget - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Government Budget Value in the United States is expected to be -30000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Government Budget is projected to trend around 50000.00 USD Million in 2023 and -10000.00 USD Million in 2024, according to our econometric models.