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Wednesday, April 12, 2017

US budget deficit for March comes in at -176.2b vs -169.0b est.

As the press conference with Tillerson and Lavrov has each side volleying back and forth, the US announced that the budget deficit for March came in at -176.2B vs -169.0B.  The YTD deficit is up to -527B from -459B from a comparable period last year. That is at 14.8% increase from last year.  

Spending for March was 392.8B vs 335.9B a year earlier
Revenues for March were at 216.6B vs 227.8B a year earlier

Higher spending. Lower revenues is not a good trend.

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