AGC Construction Data • JUNE 24, 2026

A report from the Associated General Contractors of America reveals that construction employment increased in 30 states and the District of Columbia from May 2025 to May 2026, with 23 states and D.C. also experiencing job gains between April and May. However, experts caution that political challenges could impact construction demand, particularly in sectors like data center construction and transportation projects.

Allegheny County Council • JUNE 23, 2026

The Allegheny County Council held a regular meeting on June 23, 2026, at 5:00 PM in the Gold Room, with 13 council members present. The agenda included proclamations recognizing local entities and significant events, discussions on two ordinances related to the Home Rule Charter, and the approval of appointments to the Allegheny County Airport Authority. The session concluded with public comments and a referral of a resolution supporting staffing standards for registered nurses to the Committee on Health.

AGC Construction Data • JUNE 22, 2026

A June 2026 report from AGC Construction Data reveals that the U.S. construction industry is experiencing growth, primarily driven by a significant increase in data center demand, which rose by 28% year over year. Employment in the sector has risen 0.8% annually, although contractors face challenges from escalating material costs, particularly in diesel fuel and metals.

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.