US June federal budget budget +27 billion vs -11.0 billion expected

Forex Short News
  • Prior was -316.0B
  • Last June was -69B
  • Outlays $499 billion
  • Receipts $526 billion
  • Customs duties $27 billion

This is a pleasant surprise but comes after a huge deficit month. It’s always tough to draw trends from individual months because holidays and two-week pay periods shift around.

This article was written by Adam Button at www.forexlive.com.