The deficit of the U.S. Treasury Department decreased by 52.8% year-on-year in November, reaching 173.3 billion dollars, the lowest level for this month since 2020. Excluding the pandemic, this is the lowest level since November 2017. + 17.8% year-on-year, to 740.4 billion dollars, the highest level in the first two months in history. At the same time, government spending decreased by -4.4% year-on-year, to 1.19 trillion dollars, the second largest total in November in history. However, the deficit in the first two months of fiscal year 2026 now stands at 457.6 billion dollars, the second highest level in history. Deficit spending is still ongoing.
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