The median FOMC projection anticipates an inflation rate of 2.4% by end-2026.

The 10-year/2-year Treasury yield spread turned negative for the first time since April 2025.

Bank lending standards remained selective and credit spreads indicated higher risk premiums in the early 2026 credit environment.

The seasonally adjusted core Consumer Price Index rose 0.2% monthly and 2.6% annually in December 2025.

Healthcare and social assistance added 38,500 jobs in the December 2025 BLS Employment Situation report.

The Conference Board forecasts 1.6% GDP growth for 2026.

ISM’s new orders index rose to 57.1 in January 2026 from 47.4 in December 2025.

Intellectual property and software investment contributed nearly one-third of total GDP growth in Q3 2025.

Average hourly earnings growth for job holders stabilized at 4.5% year-over-year in December 2025.

Imports declined 4.7% in Q3 2025, providing substantial quarterly support to GDP.

The Institute for Supply Management manufacturing PMI climbed to 52.6 in January 2026, the first expansion reading in twelve months.

Space Operations received $3.949 billion in NASA’s FY2026 budget.

NASA’s FY2026 appropriations totaled $27.53 billion, comprising $24.438 billion in base funding and $3.09 billion through reconciliation legislation.

Education and health services contributed 74,000 jobs to the ADP January 2026 private employment total.

The unemployment rate edged down to 4.4% in December 2025 from 4.5%.

Manufacturing employment declined by 8,000 in the ADP January 2026 report.

Commercial lunar services task orders for Intuitive Machines, Astrobotic, and Firefly Aerospace represent over $400 million in value.

The Philadelphia Fed reported current prices paid at 46.9 and current prices received at 27.8 in January 2026.

Personal consumption expenditures increased 3.5% in Q3 2025, contributing 2.34 percentage points to GDP growth.

The median FOMC projection includes a terminal rate estimate of 3%.

The ADP National Employment Report showed private employers added 22,000 jobs in January 2026.

The Philadelphia Fed’s January Manufacturing Business Outlook Survey diffusion index for current general activity jumped to 12.6 from -8.8 in December.

Mortgage rates were 6.5% for 30-year fixed-rate mortgages and 5.75% for 15-year fixed-rate mortgages as of the January 28 Fed announcement.

Congress passed NASA’s FY2026 appropriations on January 15, 2026.

Professional and business services lost 57,000 positions in the ADP January 2026 report.

Leisure and hospitality added 47,000 jobs in the December 2025 BLS Employment Situation report.

Headline CPI increased 0.3% monthly and 2.7% annually in December 2025.

Real GDP growth for Q3 2025 was 2.3% year-over-year after updated third quarter revisions released in January 2026.

Long-term interest rates have remained above 4.8% since August 2025.

The ISM prices paid component increased to 61.0 in January 2026 from 58.5 in December 2025.

The Bureau of Labor Statistics Employment Situation report for December 2025 recorded 50,000 nonfarm payroll additions.

Reconciliation legislation provided $4.1 billion for the Space Launch System over four years (FY2026–FY2029).

Two FOMC members, Governors Stephen Miran and Christopher Waller, voted for an additional 25-basis-point cut in the January 2026 FOMC meeting.

Aeronautics received $966 million in NASA’s FY2026 budget.

Nonresidential structures investment declined 5.0% and residential structures investment declined 7.1% in Q3 2025.

The labor force participation rate was 62.4% as of the December 2025 BLS report.

Federal defense expenditures led government consumption growth of 2.2% in Q3 2025.

Equipment and intellectual property products investment increased 5.2% and 5.6% respectively in Q3 2025.

Private sector estimates placed a terminal rate around 3.5%, 50 basis points above the Fed median estimate.

The reconciliation package added $3.09 billion for FY2026 as part of $10 billion spread over six years.

The ADP January 2026 private employment gain of 22,000 was down from a revised 37,000 in December 2025.

Exploration Systems Development received $7.612 billion in NASA’s FY2026 budget.

The initial estimate for Q3 2025 annualized GDP growth registered 4.4% after incorporating comprehensive source data.

Residential investment contracted 5.1% annualized in Q3 2025.

Monthly wage growth in December 2025 was 0.3% with annual gains of 3.8%.

The Federal Reserve held the federal funds rate at a 3.5%-3.75% target range in its January 2026 meeting after three 25-basis-point cuts in late 2025.

Shelter costs rose 0.4% monthly and 3.2% year-over-year in December 2025 and constitute over one-third of CPI weighting.

The Bureau of Economic Analysis recorded the US space economy as contributing $240.9 billion to GDP in 2023 and supporting 373,000 jobs.

Luch-2 is currently positioned near the Intelsat 39 satellite, which serves Europe and Africa.

On 30 January, ground telescopes observed what appeared to be a gas plume and subsequent fragmentation from Luch-1.