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xchrom

(108,903 posts) Sat Jan 12, 2013, 07:42 AM Jan 2013

The US Deficit Almost Completely Disappeared In December

http://www.businessinsider.com/december-us-budget-balance-2013-1

The U.S. December budget deficit was just $260 million. This is according to the latest Monthly Treasury Statement from the Financial Management Service.

Economists were forecasting a deficit of closer to $1 billion.
The December deficit was also the lowest December number since 2007, reports Bloomberg.

It's worth noting that monthly numbers are noisy, and that seasonal factors tend to be considerable in December.