The federal government ran a $49.2 billion surplus in January, the Treasury Department reported Monday.

Outlays in January totaled $311.802 billion. Receipts totaled $361.038 billion.

In January 2017, the government ran a $51.3 billion surplus.

Economists polled by IFR Markets predicted a $51.0 billion surplus.

In December, the government ran a $23.2 billion deficit.

For the fiscal year to date, the government has a $175.7 billion deficit, compared to a $158.6 billion deficit for the similar period in fiscal 2016.

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.