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Title:               Federal Budget Surplus or Deficit for the United States
Series ID:           M1525BUSM144NNBR
Source:              National Bureau of Economic Research
Release:             NBER Macrohistory Database (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Monthly
Units:               Millions of Dollars
Date Range:          1914-11-01 to 1932-12-01
Last Updated:        2012-08-20 8:46 AM CDT
Notes:               Series Is Presented Here As Five Variables--(1)--Original Data,
                     1879-1915 (2)--Original Data, 1914-1932 (3)--Original, 1930-1940
                     (4)--Original, 1939-1947 (5)--Original, 1945-1962. NBER Derived Data
                     By Subtracting Series (Total Federal Budget Expenditures) From Series
                     (Total Federal Budget Receipts). Source: Data Were Derived By NBER
                     From U.S. Treasury Department Figures
                     
                     This NBER data series m15025b appears on the NBER website in Chapter
                     15 at
                     http://www.nber.org/databases/macrohistory/contents/chapter15.html.
                     
                     NBER Indicator: m15025b

DATE          VALUE
1914-11-01    -16.7
1914-12-01    -11.8
1915-01-01    -10.7
1915-02-01    -18.0
1915-03-01     -8.0
1915-04-01    -11.3
1915-05-01    -10.1
1915-06-01     61.6
1915-07-01     -6.7
1915-08-01    -14.8
1915-09-01    -14.3
1915-10-01     -5.0
1915-11-01     -8.6
1915-12-01     -6.2
1916-01-01     -6.2
1916-02-01     -1.5
1916-03-01      1.1
1916-04-01     -1.1
1916-05-01      1.2
1916-06-01    107.0
1916-07-01     -8.5
1916-08-01    -18.7
1916-09-01    -26.3
1916-10-01    -27.1
1916-11-01    -26.5
1916-12-01    -20.1
1917-01-01    -20.2
1917-02-01    -24.3
1917-03-01    -32.8
1917-04-01   -196.3
1917-05-01   -328.3
1917-06-01   -122.9
1917-07-01   -578.4
1917-08-01   -683.0
1917-09-01   -670.3
1917-10-01   -853.9
1917-11-01   -846.6
1917-12-01  -1000.1
1918-01-01   -987.0
1918-02-01   -903.8
1918-03-01   -999.3
1918-04-01  -1006.0
1918-05-01   -913.5
1918-06-01    419.2
1918-07-01   -966.4
1918-08-01  -1653.2
1918-09-01  -1405.4
1918-10-01  -1513.3
1918-11-01  -1624.2
1918-12-01  -1857.1
1919-01-01  -1766.6
1919-02-01  -1027.1
1919-03-01    -82.0
1919-04-01  -1006.3
1919-05-01   -833.0
1919-06-01    372.1
1919-07-01   -748.5
1919-08-01   -497.3
1919-09-01    475.4
1919-10-01   -319.2
1919-11-01   -127.4
1919-12-01    600.3
1920-01-01    -93.0
1920-02-01    -66.0
1920-03-01    561.5
1920-04-01   -188.0
1920-05-01   -138.0
1920-06-01    831.4
1920-07-01    -76.1
1920-08-01    -49.2
1920-09-01    414.5
1920-10-01   -206.5
1920-11-01   -150.7
1920-12-01    527.4
1921-01-01   -170.9
1921-02-01   -102.5
1921-03-01    385.1
1921-04-01   -197.9
1921-05-01   -144.7
1921-06-01    280.4
1921-07-01   -112.7
1921-08-01    -48.8
1921-09-01    422.8
1921-10-01    -66.4
1921-11-01   -129.0
1921-12-01    410.5
1922-01-01    -40.2
1922-02-01     -6.5
1922-03-01    224.8
1922-04-01    -44.7
1922-05-01    -31.6
1922-06-01    158.1
1922-07-01    -13.7
1922-08-01     -1.2
1922-09-01    150.7
1922-10-01   -109.9
1922-11-01     40.7
1922-12-01    176.4
1923-01-01    -28.1
1923-02-01    -46.5
1923-03-01    330.6
1923-04-01    -60.0
1923-05-01    -75.9
1923-06-01    349.6
1923-07-01     -8.8
1923-08-01     39.9
1923-09-01    244.7
1923-10-01   -156.3
1923-11-01    -40.6
1923-12-01    310.5
1924-01-01    -12.5
1924-02-01     48.1
1924-03-01    374.3
1924-04-01   -103.5
1924-05-01    -65.3
1924-06-01    332.6
1924-07-01    -12.3
1924-08-01     -2.8
1924-09-01    189.1
1924-10-01    -65.0
1924-11-01    -59.1
1924-12-01    315.9
1925-01-01   -120.7
1925-02-01     13.0
1925-03-01    315.8
1925-04-01   -142.1
1925-05-01    -67.3
1925-06-01    352.4
1925-07-01    -40.7
1925-08-01     24.7
1925-09-01    228.2
1925-10-01   -121.2
1925-11-01    -51.1
1925-12-01    339.0
1926-01-01    -45.8
1926-02-01     29.9
1926-03-01    339.5
1926-04-01   -138.6
1926-05-01    -65.6
1926-06-01    366.7
1926-07-01     38.9
1926-08-01      7.5
1926-09-01    326.1
1926-10-01   -128.9
1926-11-01    -59.3
1926-12-01    401.2
1927-01-01   -133.4
1927-02-01      7.2
1927-03-01    389.0
1927-04-01   -120.1
1927-05-01    -42.6
1927-06-01    469.8
1927-07-01    -20.8
1927-08-01    -10.9
1927-09-01    322.8
1927-10-01   -120.0
1927-11-01    -53.6
1927-12-01    396.5
1928-01-01   -176.7
1928-02-01     55.3
1928-03-01    393.4
1928-04-01   -156.7
1928-05-01    -52.2
1928-06-01    362.1
1928-07-01    -70.7
1928-08-01    -48.4
1928-09-01    300.4
1928-10-01   -176.4
1928-11-01    -68.4
1928-12-01    362.2
1929-01-01   -207.7
1929-02-01    -23.8
1929-03-01    462.9
1929-04-01   -162.1
1929-05-01    -58.2
1929-06-01    424.5
1929-07-01    -76.5
1929-08-01    -36.2
1929-09-01    404.7
1929-10-01   -181.0
1929-11-01    -74.3
1929-12-01    439.7
1930-01-01   -196.2
1930-02-01    -81.2
1930-03-01    384.4
1930-04-01   -216.2
1930-05-01    -57.8
1930-06-01    428.2
1930-07-01   -120.6
1930-08-01    -96.7
1930-09-01    334.6
1930-10-01   -227.4
1930-11-01   -124.2
1930-12-01    381.8
1931-01-01   -288.2
1931-02-01    -72.8
1931-03-01     39.8
1931-04-01   -284.1
1931-05-01   -161.5
1931-06-01    156.7
1931-07-01   -199.0
1931-08-01   -201.7
1931-09-01     12.2
1931-10-01   -281.9
1931-11-01   -160.6
1931-12-01   -190.4
1932-01-01   -125.2
1932-02-01   -273.9
1932-03-01   -109.6
1932-04-01   -445.0
1932-05-01   -326.0
1932-06-01   -171.8
1932-07-01   -397.0
1932-08-01   -261.6
1932-09-01    -20.8
1932-10-01   -308.7
1932-11-01   -158.5
1932-12-01    -34.5