The federal government ran a $63.2 billion deficit in October, the Treasury Department reported Monday.

Outlays in October totaled $298.555 billion. Receipts totaled $235.341 billion.

In October 2016, the government ran a $45.8 billion deficit.

Economists polled by IFR Markets predicted a $50.0 billion deficit.

In September, the government ran an $8.0 billion surplus.

October is the first month of the fiscal year.

treasury budget statement

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.
Gary Siegel

Gary Siegel

Gary Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.