AGC Report Highlights Mixed Trends in Construction Employment and Activity for June 2026
AGC • JUNE 30, 2026
The Associated General Contractors of America (AGC) report for June 2026 presents mixed trends in the construction sector. Construction employment increased in 42% of metro areas, with significant job gains in cities like Houston and St. Louis, while declines were noted in others such as Riverside-San Bernardino-Ontario.
Trepp report highlights economic indicators, labor market data, and upcoming ECB forum participation by Chief Economist Warsh.
trepp • JUNE 29, 2026
The June 29 report from Trepp examines key economic indicators, focusing on recent inflation trends, labor market data, and manufacturing releases. It highlights upcoming participation by Chief Economist Warsh at the European Central Bank forum, where his insights on inflation and the labor market are expected to influence market expectations. Additionally, important labor and manufacturing reports are set to be released this week, providing a clearer understanding of economic conditions moving into the latter half of 2026.
Federal Reserve Report Analyzes Impact of Global Supply Constraints on Economy Using Shortage Index Derived from Media Coverage.
Federal Reserve • JUNE 26, 2026
The June 2026 report from the Federal Reserve by Dario Caldara and Matteo Iacoviello analyzes the impact of global supply constraints, particularly related to conflicts in the Middle East, on the economy using a "shortage index" based on media coverage. The study highlights disruptions in oil, natural gas, and essential inputs, revealing significant correlations between the shortage index and economic patterns, projecting a potential decrease in global GDP by 0.8% and a rise in inflation by 1% over three years. The findings emphasize the ongoing challenges within global supply chains and their implications for economic stability.
Pittsburgh City Council reviews financial deficit, Learn and Earn funding, and Glen Hazel rec center request during June 26 meeting.
Informup - Pittsburgh City Council • JUNE 26, 2026
During the June 26, 2026 meeting, the Pittsburgh City Council reviewed a financial deficit of $44.6 million from 2025 and a projected shortfall of $24 million for 2026. The Council discussed a $1 million grant from the Richard King Mellon Foundation to expand the Learn and Earn youth employment program and considered a $200,000 funding request for programming at the Glen Hazel recreation center. These discussions highlighted ongoing financial challenges and the need for equitable service distribution across the city.
Construction Employment Rises in 30 States and D.C. from May 2025 to May 2026, Says AGC Report
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 Reports on June 23, 2026 Meeting Agenda, Appointments, and Ordinances.
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.
U.S. Construction Industry Sees Growth in 2026, Fueled by Data Center Demand Despite Rising Cost Pressures
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.
Allegheny County Council to Vote on Proposed Referendums Regarding Salaries and Pension Access on June 23.
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 Report Details Fed's Strategies and Decisions Under Chair Kevin Warsh Following June FOMC Meeting.
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.
FOMC Votes Unanimously to Maintain Federal Funds Rate Target Range at 3.5% to 3.75% in June 2026 Meeting.
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.