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US govt Jan budget surplus beats estimates

Discussion in 'Market News' started by ForexLive, Feb 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Jan surplus at $55.2 billion vs $47.5B expected - Last Jan the deficit was $17.5B Comparing to the prior year is fraught with problems because of where the days of the week fall (the number of Friday's in a month, for instance). A better trend measure is the fiscal year-to-date deficit, which is at $160.4B compared to $194.2B a year earlier.

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