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US August budget deficit -$380 billion versus estimate -$317.3 billion deficit ...Middle East
The August US budget deficit data was released early. It was expected later this afternoon. US August 2024 budget deficit $-380 billion versus $-317.3 billion estimateAugust 2023 surplus was $89 billionFiscal 2024 year-to-date deficit $1.897 trillion versus comparable fiscal 2023 of $1.525 billion deficit.US August budget outlays $687 billion versus $194 billion in August 2023. Big increase in outlays. Receipt came in at $307 billion versus $283 billion in August 2023. Modest increases. Interest costs on public that top $1 trillion for the first time for 2024 fiscal year to date.This is not a good release. Looking at the US stock market, the Dow industrial average is now down -0.11% at 4083
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