Goldman Sachs • MAY 22, 2026

Goldman Sachs warns that stock markets are increasingly vulnerable to rising bond yields, despite strong earnings growth, particularly in the technology and energy sectors. With the 30-year US Treasury yield reaching its highest level since 2007, investors are advised to stay cautious as historical patterns suggest potential corrections could follow rapid yield increases. Amidst this shifting landscape, new opportunities are emerging, particularly for companies with substantial physical assets, as investors reassess their strategies in a changing economic environment.

Goldman Sachs • MAY 20, 2026

A recent report from Goldman Sachs projects a staggering surge in US data center power demand, which is expected to more than double by 2027. As the artificial intelligence boom accelerates, power needs may soar from 31 gigawatts in 2025 to a remarkable 66 gigawatts by 2027, signaling a crucial moment for energy infrastructure and stability across the nation. With significant regional disparities in growth and potential reliability challenges looming, the report underscores the urgent need for strategic planning in energy generation and management.

Dodge Construction Network • MAY 20, 2026

April witnessed a remarkable 9% surge in construction starts, reaching a staggering $1.33 trillion, fueled primarily by an 18.6% jump in nonresidential buildings. Major projects, including a $5 billion data center in Texas and a $3.8 billion natural gas power plant in North Dakota, underscore the sector's robust growth. While residential starts faced slight declines, the overall trend highlights a flourishing landscape in commercial and nonbuilding construction across the nation.

Federal Reserve • MAY 20, 2026

The latest Federal Open Market Committee (FOMC) minutes reveal a cautious economic outlook as geopolitical tensions and inflation concerns shape financial strategies. With inflation expectations on the rise due to energy price fluctuations, the Committee has opted to maintain the federal funds rate at 3.5% to 3.75%. Investors are closely monitoring these developments, especially as strong earnings growth in equities contrasts with ongoing challenges in the private credit sector.

Federal Reserve • MAY 20, 2026

A new Federal Reserve report reveals surprising insights into the relationship between population growth and labor market health. While slower population growth has led to concerns about employment volatility, the analysis shows that this trend does not necessarily herald a labor market crisis. In fact, periods of low population growth are linked to smaller spikes in unemployment during downturns, prompting a reevaluation of prevailing assumptions about economic stability.

trepp • MAY 18, 2026

Navigate the shifting economic landscape with Trepp's latest insights as they unpack critical indicators that could reshape market expectations. The upcoming FOMC minutes promise to shed light on the Federal Reserve's stance amidst leadership changes, while fresh housing data reveals the impact of high mortgage rates. Additionally, global PMIs will offer early indicators of manufacturing and service activity, highlighting trends that could influence commercial real estate.

ABC • MAY 18, 2026

A recent report from ABC reveals that the construction unemployment rate in March 2026 rose to 6.7%, yet most states are thriving with rates below 10%. Notably, Oklahoma and South Dakota lead the way with strikingly low unemployment figures, even as the industry grapples with challenges from rising costs and a skills shortage. As construction employment grows steadily for the twelfth consecutive month, the landscape reflects both resilience and the hurdles ahead.

URA Board Meetings • MAY 14, 2026

The URA Regular Board Meeting in May 2026 spotlighted vital discussions on housing affordability and community initiatives, with residents voicing concerns about gentrification and land access. Key developments included the announcement of a commercial facade grant program and the launch of a housing opportunity fund survey, inviting local input on affordable housing priorities. The board also reviewed plans for new affordable housing projects, aiming to make a significant impact in neighborhoods like Fairywood and Hazlewood.

AHN In The News • MAY 14, 2026

Allegheny General Hospital will initiate a $36 million renovation of its 90-year-old South Tower, focusing on external upgrades over the next four years. Scheduled to begin in June, the project includes enhancements to the building’s facade, window replacements, and roofing repairs, all designed to extend the structure's lifespan while preserving its architectural style. The renovations will not disrupt hospital operations or patient care, as they will be confined to the exterior.

ABC • MAY 13, 2026

In a striking May report, the Associated Builders and Contractors (ABC) reveals that construction material prices have surged 6.2% in just the first four months of 2026, largely driven by skyrocketing oil costs. April alone saw a 1.7% rise in overall construction inputs, with nonresidential prices climbing even higher. As energy costs continue to escalate, experts warn that these price pressures could significantly impact future construction activity.