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April 2026 ISM®Manufacturing PMI® Report

William Attardi on May 4, 2026

The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee. Economic activity in the manufacturing sector expanded in April for the fourth consecutive month, say the nation’s supply executives in the latest ISM® Manufacturing PMI® Report. “The Manufacturing PMI® registered 52.7% in April, the same reading as March. The overall economy continued in expansion for the 18th month in a row. (A Manufacturing PMI® above 47.5%, over a period of time, generally indicates an expansion of the overall economy.) The Employment Index registered 46.4%, down 2.3 percentage points from March’s figure of 48.7%,” says Spence.  April

Construction Jobs Increase in 38 States Year-Over-Year

William Attardi on April 10, 2026

Construction employment rose in 38 states from January 2025 to January 2026, while 40 states and the District of Columbia added jobs between December and January, according to an analysis of new federal data released by the Associated General Contractors of America. Association officials called on policymakers in Washington to provide adequate support for training to enable workers to acquire in-demand skills and to allow qualified workers into the U.S when needed workers are not available. View January 2026 state employment data and 1-month, 12-month rankings.  Association officials noted that the industry has a critical need for electricians and other workers with the skills to construct data centers and power projects. They urged the federal government to direct more funding to career and technical education and workforce training and to offer a pathway to employ needed workers from other countries.   Construction Jobs Increase in 38 States Year-Over-Year – tEDmag

ADP: Private Sector Employment, Pay Increased in March

William Attardi on April 3, 2026

Private sector employment increased by 62,000 jobs in March and pay was up 4.5 percent year-over-year according to the March ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”). For additional information about the ADP National Employment Report, including historical files, employment and pay data, methodology, and a calendar of release dates, please visit https://adpemploymentreport.com/.  ADP: Private Sector Employment, Pay Increased in March

ABC: Construction Employment Rebounds by 26,000 in March

William Attardi on April 3, 2026

The construction industry added 26,000 jobs in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 57,000 jobs, an increase of 0.7%. Nonresidential construction employment increased by 12,200 positions, with gains in all three subcategories. Nonresidential building added the most jobs, increasing by 4,500 positions. Nonresidential specialty trade and heavy and civil engineering added 3,900 and 3,800 jobs, respectively, in March. The construction unemployment rate was 6.7% in March. Unemployment across all industries dropped to 4.3%, but is still 0.1 percentage points higher than one year ago.  ABC: Construction Employment Rebounds by 26,000 in March – tEDmag

Walmart CEO Issues Wake-Up Call on AI

William Attardi on September 30, 2025

Walmart executives aren’t sugar coating the message: Artificial intelligence will wipe out some jobs and reshape the company’s workforce.  For now, Walmart executives say the transformation means the size of its global workforce will stay roughly flat even as its revenue climbs. It plans to maintain its headcount of around 2.1million global workers over the next three years, but the mix of those jobs will change significantly, said Donna Morris, Walmart’s chief people officer. What the composition will look like remains murky.  Though there is plenty of anxiety among workers and leaders, many executives say the U.S. labor market remains healthy and they don’t anticipate widespread unemployment because of AI.  89qCx6UzCDStQHAyWTf5-WSJNewsPaper-9-29-2025.pdf

ABC: Construction Adds 15K Jobs in June

William Attardi on July 8, 2025

The construction industry added 15,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 121,000 jobs, or 1.5%. The construction unemployment rate fell to 3.4% last month. Unemployment across all industries declined from 4.2% in May to 4.1% in June.  June’s employment report, coupled with recent inflation data, indicate that the U.S. economy continues to demonstrate solid momentum, stable unemployment and declining inflation. Construction added jobs for a second consecutive month.  ABC: Construction Adds 15K Jobs in June – tEDmag

Remembering the Solemn Purpose of Memorial Day

Memorial Day is a federal holiday in the United States observed on the last Monday in May to honor and mourn U.S. military personnel who died while serving in the armed forces. The holiday traces its roots to the years immediately following the American Civil War (1861–1865), which caused massive casualties—roughly 620,000 soldiers dead, about 2% of the U.S. population at the time. Communities across the North and South began spontaneously decorating the graves of fallen soldiers with flowers, wreaths, and flags, a practice that gave rise to the original name: Decoration Day. On May 5, 1868, Major General John A. Logan, commander-in-chief of the Grand Army of the Republic (GAR)—a powerful Union veterans’ organization—issued General Order No. 11. This proclaimed May 30, 1868, as a nationwide “Decoration Day” to honor those who died in the Civil War. After World War I, the holiday expanded to honor all American service members who died in any war, not just the Civil War.  In 1968, Congress passed the Uniform Monday Holiday Act to create more three-day weekends for federal employees. This moved Memorial Day to the last Monday in May, effective in 1971, when it was also officially named “Memorial Day.” As one 1868 quote put it: “That Nation which respects and honors its dead, shall ever be respected and honored itself.”