2018 Economic Calendar
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Treasury Budget  
Released On 3/12/2018 2:00:00 PM For Feb, 2018
PriorConsensusConsensus RangeActual
Treasury Budget - Level$49.2 B$-216.0 B$-230.0 B to $-200.0 B$-215.2 B

Highlights
Tax receipts are down modestly after the first two months of the calendar year, 0.5 percent lower for individual taxes at a two-month total of $257.3 billion and 1.2 percent lower for corporate taxes at $11.5 billion. The government's deficit in February is a nearly as-expected $215.2 billion with corporate taxes actually slightly in the minus column during the month. Looking at the 5 months so far in fiscal year 2018, the government's deficit is a substantial 11.5 percent deeper at $391.0 billion than this time last year. Total receipts are up 2.5 percent over those five months but spending is up 4.4 percent with the largest gain in defense at 4.8 percent.

Consensus Outlook
The Treasury budget for February will offer early indications on the effects of this year's tax cut. The Econoday consensus is calling for a monthly deficit of $216.0 billion.

Definition
The U.S. Treasury releases a monthly account of the surplus or deficit of the federal government. Changes in the budget balance reflect Federal policy on spending and taxation. The government's fiscal year begins in October.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/112/123/124/115/106/127/128/109/1310/1111/1312/12
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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