Monthly Budget Statement

The Monthly Budget Statement released by the Financial Management Service summarizes the financial activities of federal entities, disbursing officers, and Federal Reserve banks. A positive budget statement that receipts exceed budgetary outlays is seen as bullish for the USD. On the other hands, a negative figure (deficit) that indicates government debt is seen as bearish.

Most recent - Thursday 10 April 2025 18:00

Previous
$-307B
Revised
-
Forecast
$-236.6B
Actual
$-161B

Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Trading range

Forecast history

The most recent announced value for Monthly Budget Statement was $-161B against a forecast of $-236.6B.

Past events

Date
Forecast
Actual
Thursday 10 April 2025 18:00
$-236.6B
$-161B
Wednesday 12 March 2025 18:00
$-303.2B
$-307B
Wednesday 12 February 2025 19:00
$-88.1B
$-129B
Tuesday 14 January 2025 19:00
$-75B
$-87B
Wednesday 11 December 2024 19:00
$-353B
$-367B
Wednesday 13 November 2024 19:00
$-211B
$-257B
Friday 18 October 2024 20:00
$61B
$64B
Thursday 12 September 2024 18:00
$-349.6B
$-380B
Monday 12 August 2024 18:00
$-254.3B
$-244B
Thursday 11 July 2024 18:00
$-83B
$-66B
Wednesday 12 June 2024 18:00
$-250B
$-347B
Friday 10 May 2024 18:00
$244.5B
$209.5B
Wednesday 10 April 2024 18:00
$-197.5B
$-236B
Tuesday 12 March 2024 18:00
$-299B
$-296B
Monday 12 February 2024 19:00
$-21B
$-22B
Thursday 11 January 2024 19:00
$-65.25B
$-129B
Tuesday 12 December 2023 19:00
$-301.05B
$-314B
Monday 13 November 2023 19:00
$-65B
$-67B
Friday 20 October 2023 18:00
$-78.6B
$-171B
Wednesday 13 September 2023 18:00
$-240B
$89B
Thursday 10 August 2023 18:00
$-109.3B
$-221B
Thursday 13 July 2023 18:00
$-175B
$-228B
Monday 12 June 2023 18:00
$-236B
$-240B
Wednesday 10 May 2023 18:00
$235B
$176B
Wednesday 12 April 2023 18:00
$-302B
$-378B
Friday 10 March 2023 19:00
$-256B
$-262B
Friday 10 February 2023 19:00
$-63B
$-39B
Thursday 12 January 2023 19:00
$-70B
$-85B
Monday 12 December 2022 19:00
-
$-249B
Thursday 10 November 2022 19:00
$-90B
$-88B
Friday 21 October 2022 14:30
-
$-430B
Tuesday 13 September 2022 18:00
$-213.5B
$-220B
Wednesday 10 August 2022 18:00
$-194B
$-211B
Wednesday 13 July 2022 18:00
$-76.5B
$-89B
Friday 10 June 2022 18:00
$-120B
$-66B
Wednesday 11 May 2022 18:00
$226B
$308B

Economic context

Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Monthly Budget Statement result:

PreviousLatest
ISM Manufacturing Employment IndexBullish change44.746.5
ISM Manufacturing New Orders IndexBullish change45.247.2
ISM Manufacturing PMIBearish change4948.7
ISM Manufacturing Prices PaidBullish change69.469.8
Initial Jobless ClaimsBearish change223K241K
Challenger Job CutsBearish change275.24K105.441K
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.5%0%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change3%2.6%
Personal Consumption Expenditures - Price Index (MoM)Bearish change0.4%0%
Personal Consumption Expenditures - Price Index (YoY)Bearish change2.7%2.3%
Personal Income (MoM)Bearish change0.7%0.5%
Personal SpendingBullish change0.4%0.7%
Pending Home Sales (MoM)Bullish change2.1%6.1%
Chicago Purchasing Managers' IndexBearish change47.644.6
Core Personal Consumption Expenditures (QoQ)Bullish change2.6%3.5%
Employment Cost Index(no change)0.9%0.9%
Gross Domestic Product AnnualizedBearish change2.4%-0.3%
Gross Domestic Product Price IndexBullish change2.3%3.7%
Personal Consumption Expenditures Prices (QoQ)Bullish change2.4%3.6%
ADP Employment ChangeBearish change147K62K
JOLTS Job OpeningsBearish change7.48M7.192M
Housing Price Index (MoM)Bearish change0.3%0.1%
Michigan Consumer Sentiment IndexBullish change50.852.2
UoM 5-year Consumer Inflation Expectation(no change)4.4%4.4%
Michigan Consumer Expectations IndexBullish change47.247.3
UoM 1-year Consumer Inflation ExpectationsBearish change6.7%6.5%
Existing Home Sales Change (MoM)Bearish change4.4%-5.9%
Durable Goods OrdersBullish change0.9%9.2%
Durable Goods Orders ex DefenseBullish change0.8%10.4%
Durable Goods Orders ex TransportationBearish change0.7%0%
Initial Jobless ClaimsBearish change216K222K
Nondefense Capital Goods Orders ex AircraftBullish change-0.3%0.1%
New Home Sales Change (MoM)Bullish change3.1%7.4%
S&P Global Composite PMIBearish change53.551.2
S&P Global Manufacturing PMIBullish change50.250.7
S&P Global Services PMIBearish change54.451.4

About Monthly Budget Statement

Country:United States
Currency:USD
Source:US Bureau of the Fiscal Service
Category:Politics
Frequency:Monthly
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