Informup - Allegheny County Council • JUNE 22, 2026

On June 23, the Allegheny County Council will vote on two proposed referendums that could be presented to voters in November. The first referendum seeks to amend the Home Rule Charter to allow council members access to pensions and health insurance while establishing district offices and staff. The second referendum aims to lift the existing cap on the council's annual budget, currently set at 0.4% of locally levied tax revenues, without guaranteeing future funding increases.

J.P. Morgan Asset Management • JUNE 18, 2026

A June report from J.P. Morgan Asset Management details the Federal Reserve's strategies and decisions following Kevin Warsh's inaugural meeting as Chair. The FOMC maintained the Federal Funds target rate at 3.50-3.75% amid ongoing inflation concerns and revised economic projections.

Federal Reserve • JUNE 17, 2026

On June 17, 2026, the Federal Open Market Committee (FOMC) voted unanimously, 12-0, to maintain the federal funds rate target range at 3.5% to 3.75%. The decision reflects ongoing economic expansion, strong productivity growth, and stable job gains, while acknowledging elevated inflation above the Committee's 2% goal. The FOMC reiterated its commitment to supporting ample reserves in the banking system and achieving price stability.

ABC • JUNE 16, 2026

A June report from Associated Builders and Contractors (ABC) reveals that the Construction Backlog Indicator rose to 9.1 months in May, an increase of 0.3 months from April. This growth was observed across all regions except the South, which maintains the longest backlog duration and a significant year-over-year increase. Despite the rise in backlog, ABC's Construction Confidence Index experienced a decline in May regarding sales, profit margins, and staffing levels, though all components remain above the growth threshold of 50.

trepp • JUNE 15, 2026

A report from Trepp on June 15 outlines key economic indicators in commercial real estate (CRE) ahead of the Federal Open Market Committee (FOMC) meeting scheduled for June 16 and 17. The meeting will mark Kevin Warsh's first as chair, with expectations of a hold on rates amidst discussions on inflation and labor market conditions. The report notes the implications for Treasury yield curves and CRE credit spreads, specifically how outcomes may affect lending dynamics in the market.

J.P. Morgan Asset Management • JUNE 15, 2026

A June report from J.P. Morgan Asset Management analyzes the U.S. inflation landscape and its potential trajectory under new Federal Reserve leadership, noting a current year-over-year inflation rate of 4.2% driven by rising gasoline prices.

Goldman Sachs • JUNE 12, 2026

A June report from Goldman Sachs details the increasing importance of private market financing in funding data centers, driven by substantial investment needs for artificial intelligence. Hyperscalers are expected to invest over $5 trillion by 2030, leading to a shift towards private market solutions. The report notes that private infrastructure funds raised a record $221 billion in 2025, with annual growth rates suggesting a strong future for these markets.

ABC • JUNE 11, 2026

A report from Associated Builders and Contractors (ABC) released on June 11 reveals that construction input prices increased by 2.6% in May, with nonresidential construction input prices rising 2.4%. Year-over-year, overall construction materials prices are up 9.6%, while nonresidential input prices have risen 9.7%. The report highlights significant increases in crude petroleum and unprocessed energy materials, alongside a decline in natural gas prices.

Allegheny County Council • JUNE 9, 2026

The Allegheny County Council held a regular meeting on June 9, 2026, as detailed in the agenda. Proclamations were made, recognizing various individuals and events, including June 2026 as Pride Month. The agenda also included appointments to committees, proposed ordinances for issuing bonds and budget amendments, and a public comment session.

Allegheny County Council • JUNE 9, 2026

On June 9, 2026, the Allegheny County Council held a meeting where they approved the minutes from the previous meeting and several appointments, including Kendra Whitlock Ingram, Senator Devlin Robinson, and Jim Spencer to the Allegheny County Airport Authority. The council also passed ordinances for the issuance of up to $335 million in general obligation bonds, amended the Capital Budget for 2025, and authorized the purchase of the building housing the Medical Examiner's offices. Additional resolutions and proclamations were presented, along with updates on executive actions and public comments.