US govt Jan budget surplus beats estimates via ForexLive

Jan surplus at $55.2 billion vs $47.5B expected - Last Jan the deficit was $17.5B Comparing to the prior year is fraught with problems because of where the days of the week fall (the number of Friday's in a month, for instance). A better trend measure is the fiscal year-to-date deficit, which is at $160.4B compared to $194.2B a year earlier.