The phrase "adjusted deficit" is correct and usable in written English.
It can be used in financial contexts to refer to a deficit that has been modified or recalculated based on certain criteria or adjustments.
Example: "The company's adjusted deficit for the fiscal year reflects the impact of one-time expenses and revenue adjustments."
Alternatives: "revised deficit" or "modified deficit".
In 2007, this "cyclically adjusted" deficit was 3.3% of GDP.
So the cyclically adjusted deficit will be $423 billion.
The Office for National Statistics said the seasonally adjusted deficit on the trade in goods and services was estimated at £3.5bn in November compared with £3.7bn in the previous month.
Yet the cyclically adjusted deficit as a share of G.D.P. is currently about what it was in 2006, at the height of the housing boom — and it is headed down.
Research by the Financial Times, using a model like that adopted by the Office for Budget Responsibility OBRR), finds that the UK's capacity for growth in future has deteriorated and a cyclically adjusted deficit target of £85bn for 2013-14 will need to be ditched in favour of the actual £111bn deficit.
The FT's economics editor, Chris Giles, has identified the new black hole by focusing on the difference between the actual deficit, which is on course to be around £111bn in 2013-14, and the cyclically adjusted deficit, due to be £85bn this financial year.
In fact, the organisation expects no further reduction in cyclically adjusted deficits in the next two years.
Look at CBO's estimates of the cyclically adjusted budget deficit (third column): That deficit has declined from 5.6 percent of potential GDP in 2011 to 2.5 percent in 2013 — that's 3 percent of GDP, which is a lot of austerity.
Then, we proceed with identifying the determinants leading to such positive debt dynamics - cyclically adjusted primary deficit, snow-ball and stock-flow adjustments (for more details on the definitions, see European-Commission 2009).
The cyclically adjusted annual deficit shows how well countries are balancing their budgets in normal times, without taking into account unusual costs or spending commitments.
The government's target of reducing the cyclically adjusted annual deficit will be missed after the IMF estimated it will be reduced by 1.25%and1.5%5% this year and next.
