U.S. government surplus in April larger than expected

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The federal government ran a $214.3 billion surplus in April, the Treasury Department reported Thursday.

Outlays in April totaled $296.192 billion. Receipts totaled $510.447 billion.

In April 2017, the government ran a $182.4 billion surplus.

Economists polled by IFR Markets predicted a $160.0 billion surplus.

In March, the government ran a $208.7 billion deficit.

For the fiscal year to date, the government has a $385.4 billion deficit, compared to a $344.4 billion deficit for the similar period in fiscal 2017.

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Economic indicators Treasury Department