December PCE price indices scheduled for release on Feb. 20

The U.S. Treasury told the Treasury Borrowing Advisory Committee that the economy entered 2026 on a "firm footing": GDP growth appears to have stayed solid in 4Q25 (driven by consumer spending and business investment, including AI-related spending), labor markets are roughly balanced with low layoffs but softer hiring, and core inflation eased in 4Q25. Official GDP and December PCE data were delayed by last year’s government shutdown, with the BEA advance GDP estimate scheduled for February 20, 2026. The statement flagged upside inflation risks from energy and geopolitical events and noted uncertainty about the timing and scale of productivity gains from artificial intelligence.