ABC • JUNE 5, 2026

According to a report from the Associated Builders and Contractors, the construction industry added a net total of 17,000 jobs in May 2026, with nonresidential construction alone contributing 15,700 jobs. Notably, nonresidential specialty trades accounted for 11,400 of these positions. The construction unemployment rate remained at 4.1%, aligning closely with the overall unemployment rate of 4.3%.

Federal Reserve • JUNE 3, 2026

The Federal Reserve's June 3, 2026 report indicates slight to moderate economic growth in ten districts, while one district declined and another showed no change. Consumer spending was mixed, with higher-income households less affected by price increases, while loan delinquencies rose, particularly for mortgages and consumer loans. Labor market conditions remained stable, though wage growth was modest and employment hiring focused on critical roles amid economic uncertainty.

AGC Construction Data • JUNE 3, 2026

A June report from AGC Construction Data reveals that construction employment increased in 192 out of 360 U.S. metro areas, representing 53 percent of those regions, from April 2025 to April 2026. Despite this growth, concerns remain regarding resistance to data center construction and the potential failure of Congress to pass a vital highway and transit bill, which could adversely affect employment levels in the sector.

trepp • JUNE 3, 2026

A June report from Trepp indicates that the national securitized Agency delinquency rate slightly declined to 0.49% in April 2026, despite more new delinquent balances than cures. Smaller metropolitan statistical areas (MSAs) showed increased volatility, while larger MSAs remained more stable, with varying rates across significant markets. The report emphasizes the influence of specific loan-level events on delinquency trends.

Informup - Pittsburgh School Board • JUNE 3, 2026

The Pittsburgh Public Schools (PPS) Board voted on May 27 to close nine school buildings by June 2027, with some remaining open until 2029. The closures include multiple schools and will be accompanied by the establishment of a new school and an early childhood center. Additionally, the board: accepted over $8 million in Early Intervention grant funding to support preschool services in the 2026-27 school year.

ABC • JUNE 1, 2026

A June report from the Associated Builders and Contractors (ABC) indicates that national nonresidential construction spending rose by 0.1% in April, reaching a seasonally adjusted annualized rate of $1.250 trillion. The growth was primarily driven by a 0.4% increase in public sector spending, while private nonresidential spending fell by 0.2%. The report notes continued strength in data center projects, although challenges remain due to rising material prices and decreased private sector activity.

trepp • JUNE 1, 2026

The June 1, 2026 Trepp report outlines critical economic indicators, including inflation, jobs data, the Beige Book, and consumer credit. It highlights challenges faced by the Federal Reserve, particularly in relation to rising core Personal Consumption Expenditure inflation and a soft labor market. The report also discusses job growth trends and consumer borrowing patterns, emphasizing their implications for commercial real estate and economic bifurcation.

AGC Construction Data • JUNE 1, 2026

A report from AGC Construction Data reveals that construction spending increased 0.4 percent from March to April and 0.9 percent year-over-year. The Associated General Contractors of America is urging Congress and the White House to renew highway and transportation funding by September to sustain growth in the sector. Ken Simonson, the association’s chief economist, noted the significant impact of highway construction on total nonresidential spending.

Allegheny County Council • MAY 26, 2026

The May 26 Allegheny County Council agenda lists election of the Council President, public comment periods, board appointments, and multiple ordinance and motion items, including a proposed referendum question and bond-related legislation.

Allegheny County Council • MAY 26, 2026

The Allegheny County Council meeting held on May 26, 2026, included the election of Council Member Michelle Naccarati-Chapkis as President and the approval of minutes from the previous meeting. Various proclamations were presented, and appointments to the Independent Police Review Board and the ALCOSAN Board were referred for review. The Council also approved an ordinance related to jail rape, discussed new business items regarding referendums and bond issues, and authorized a public hearing, concluding the meeting with a unanimous motion to adjourn.