U.S. Treasury Runs Budget Deficit Of $17.5 Billion In January

The U.S. federal government ran a budget deficit of $17.5 billion during the month of January. This compares with a $10.3 billion deficit in January 2014. This budget deficit for fiscal year 2015 is so far at $194.2 billion.

Treasury Monthly

Receipts for the month totaled $306.7 billion, up from $296.0 billion a year earlier. Total outlays were $324.3 billion from $306.2 billion a year earlier.

The rolling 12-month U.S. government budget deficit through January was $494.7 billion from $487.4 billion in December. The rolling 12-month budget balance as a percentage of gross domestic product is -2.79%.

Treasury Budget Balance

U.S. Q4 GDP Growth At 2.6%

Real gross domestic product increased at a seasonally adjusted annual rate of 2.6% in the fourth quarter, the U.S. BEA published this morning. This was the first estimate for Q4, and is down from the 5.0% growth rate in Q3.

Components of GDP by their contributions to GDP growth in Q43:

  • Personal consumption expenditures: +2.87%
  • Private investment: +1.20%
  • Net Exports: -1.02%
  • Government Consumption: -0.40%

GDP Components

Nominal GDP was at an annualized $17.7107 trillion in Q4, while real (inflation adjusted, 2009 chained) GDP was $16.3116 trillion.

GDP Nominal

Real GDP is up 2.5% from Q4 2013.

GDP Annual

Treasury Runs Budget Surplus Of $1.9 Billion In December

The U.S. federal government ran a budget surplus of $1.9 billion during the month of December. This compares with a $53.2 billion surplus in December of 2013.

Treasury Monthly

Receipts for the month totaled $335.3 billion, up from $283.2 billion a year earlier. Total outlays were $333.5 billion from $230.0 billion a year earlier.

The rolling 12-month U.S. government budget deficit through December was $487.4 billion from $436.1 billion in November. The rolling 12-month budget balance as a percentage of gross domestic product is -2.77%.

Treasury Rolling

U.S. Q3 GDP Growth Revised To 5.0%

Real gross domestic product increased at a seasonally adjusted annual rate of 5.0% in the third quarter, the U.S. BEA published this morning. This was the third estimate for Q3, and is an upward revision from the second estimate of a 3.9% growth rate. GDP grew at a rate of 4.6% in Q2.

Components of GDP by their contributions to GDP growth in Q3:

  • Personal consumption expenditures: +2.21%
  • Private investment: +1.18%
  • Net Exports: +0.78%
  • Government Consumption: +0.80%

GDp Contributions

Nominal GDP was at an annualized $17.5998 trillion in Q3, while real (inflation adjusted, 2009 chained) GDP was $16.2056 trillion.

GDP

Real GDP is up 2.7% from Q3 2013.

GDP Annual

Treasury Runs Budget Deficit Of $121.7 Billion In October

The U.S. federal government ran a budget deficit of $121.7 billion during the month of October. This compares with a $91.6 billion deficit in October of 2013.

Monthly Activity

Receipts for the month totaled $212.7 billion, up from $198.9 billion a year earlier. Total outlays were $334.4 billion from $290.5 billion a year earlier.

The rolling 12-month U.S. government budget deficit through October was $514.5 billion, worse than the $484.3 billion in September. The rolling 12-month budget balance as a percentage of gross domestic product is -2.93%.

Budget Balance

U.S. Q3 GDP Growth Revised To 3.9%

Real gross domestic product increased at a seasonally adjusted annual rate of 3.9% in the third quarter, the BEA published this morning. This was the second estimate for Q3, and is an upward revision from the initial estimate of a 3.5% growth rate. GDP grew at a rate of 4.6% in Q2.

Components of GDP by their contributions to GDP growth in Q3:

  • Personal consumption expenditures: +1.51%
  • Private investment: +0.85%
  • Net Exports: +0.78%
  • Government Consumption: +0.76%

GDP Contributions

Nominal GDP was at an annualized $17,555.2 trillion in Q3, while real (inflation adjusted, 2009 chained) GDP was $16,164.1 trillion.

GDP

Real GDP is up 2.4% from Q3 2013.

GDP Annual

U.S. Q3 GDP Growth At 3.5%

Real gross domestic product increased at a seasonally adjusted annual rate of 3.5% in the third quarter, the BEA published this morning. This was the initial estimate for Q3, and follows a growth rate of 4.6% in the second quarter.

Components of GDP by their contributions to GDP growth in Q3:

  • Personal consumption expenditures: +1.22%
  • Private investment: +0.17%
  • Net Exports: +1.32%
  • Government Consumption: +0.83%

GDP Contributions

Nominal GDP was at an annualized $17,535.4 trillion in Q3, while real (inflation adjusted, 2009 chained) GDP was $16,150.6 trillion.

GDP Nominal

Real GDP is up 2.3% from Q3 2013.

GDP Annual