11/15/2013
Economic and Budget Data
U.S. GDP
2010 – 2.5%
2011 – 1.8%
2012 – 2.8%
Q1 2013 – 1.1%
Q2 2013 – 2.5%
Q3 2013 – 2.8% [initial estimate]
U.S. Budget Deficit (billions; fiscal year ends 9/30) / Revenues-Outlays
F 2007... $160...$2568 / $2728
F 2008... $458...$2524 / $2982
F 2009...$1412...$2105 / $3517
F 2010...$1294...$2162 / $3456
F 2011...$1296...$2302 / $3598
F 2012...$1087...$2450 / $3537
F 2013... $680...$2774 / $3454
Yes, Congress has done a good job the past few years of keeping spending in check, while revenues hit a record in F 2013.
Major Foreign Holders of U.S. Treasuries (billions)
China
Aug 2013...$1268
Aug 2012...$1155
Japan
Aug 2013...$1149
Aug 2012...$1120
[Sources: cbo.gov, fms.treas.gov]
Wall Street History returns in two weeks.
Brian Trumbore
