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Deportations are running well short of the White House’s goals, according to a Wall Street estimate. Photo: ho/Agence France-Presse/Getty Images

The Trump administration’s deportations are running well short of the 1 million per year goal he’s advocated, according to one estimate.

Economists at Barclays are estimating that deportations are being made at an annual rate of 120,000, according to a research note published Thursday. They derive that data from U.S. Immigration and Customs Enforcement detention data, as monthly interior detentions and deportations are highly correlated.

Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

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