Employment & Withholding Tax Deposits — Fiscal Year to Date
Individual income and FICA taxes withheld from paychecks, deposited daily. The fastest hard read on aggregate payrolls — weeks ahead of the jobs report.
Employment and withholding tax deposits through October 26, $243.3 bln, up $29.6 bln y-o-y. The y-o-y gap widened by $7.1 bln over the week. Widest positive gap this fiscal year.
Last two years
Source: U.S. Treasury, Daily Treasury Statement (FiscalData API). Excludes public-debt cash issues and redemptions. Millions of dollars, fiscal year beginning October 1.
Questions
What is the latest employment & withholding tax deposits?
$243.3 bln as of October 26, 2026.
What does employment and withholding tax deposits measure?
Individual income and FICA taxes withheld from paychecks, deposited daily. The fastest hard read on aggregate payrolls — weeks ahead of the jobs report.
Why does it matter for markets?
Withholding is payroll times tax rate, in real time. A break in its year-over-year trend shows up here before it shows up in payrolls.
Where does the data come from and how often is it updated?
U.S. Treasury, Daily Treasury Statement (FiscalData API). This page refreshes automatically every business day, within an hour of the source publishing.
Related series
- Net Government Transfers — Fiscal Year to Date
- Treasury Withdrawals (Government Spending) — Fiscal Year to Date
- Treasury Deposits (Government Receipts) — Fiscal Year to Date
- Daily Treasury Withdrawals — 10-Day Average and Monthly Run-Rate
- Unemployment Insurance Benefit Payments — Daily, 10-Day Average
- Interest Paid on Treasury Securities — Fiscal Year to Date