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Data Center Construction Spending Surges 8.6% Month-Over-Month, Driving Nonresidential Growth
What’s happening
U.S. nonresidential construction spending increased 0.6% in September, with data center spending jumping 8.6% month-over-month and growing at a 217% annualized rate. Data centers have become the primary driver of nonresidential construction, offsetting weakness in other categories.
Sources (3)
The articles Pulse read to write this story- ABC: Data Centers Continue to Drive Nonresidential Spending Higher in SeptemberConstruction Business OwnerBullish +17
Data centers kept nonresidential construction spending positive in SeptemberConstruction DiveStrong bullish +65
Data Centers Continue to Drive Nonresidential Spending Higher in SeptemberConstruction ExecutiveBullish +39
Written by Pulse AI from the articles above. Always check the original reporting before acting on it.