InfrastructureHighSingle-source
7.6
US data center construction spending surges 60% YoY in July to $75B annual pace
Axios·US·2 days ago
US data center construction spending rose nearly 60% YoY, and in July accounted for all monthly growth in non-residential construction spending. Excluding data centers, non-residential spending fell for a second consecutive month to its lowest level since September 2023, indicating underlying weakness in other commercial and industrial construction.
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