U.S. government posts $139 billion deficit in NovemberStaff Writer | December 13, 2017
The U.S. government reported a $139 billion deficit in November, the Treasury Department said.
America Receipts last month totaled $208 billion
Economists polled by Reuters had forecast the Treasury recording a $134 billion deficit last month.
When accounting for calendar adjustments, the deficit last month was also $139 billion compared with an adjusted deficit of $137 billion in the same month in the previous year.
The deficit for the fiscal year to date was $202 billion, compared to a deficit of $183 billion in the comparable period for fiscal 2017.
On an adjusted basis, the fiscal year-to-date deficit was $248 billion last month versus $222 billion in the prior year.
Receipts last month totaled $208 billion, up 4 percent from one year ago, while outlays were $347 billion, a 3 percent increase from the same month a year earlier. ■