US: Budget deficit expands to $100 billion in October

According to the monthly report published by the U.S. Treasury Department, the federal government posted a deficit of $100 billion in October.

Key highlights (via Reuters)

October budget outlays $353 bln vs $299 bln in October 2017; receipts $253 bln vs $235 bln in October 2017.
October budget deficit $100 bln (consensus $100 bln deficit) vs October 2017 deficit $63 bln.
October budget outlays $353 bln vs $299 bln in October 2017; receipts $253 bln vs $235 bln in October 2017.

Nov 13, 2018

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