Nonresidential Construction Spending Slips for Sixth Time in Seven Months

Construction Spending on Data Centers, Office Buildings, and Electric Power Installations

Boom, bust, and the adults in the room.

Nonresidential construction spending slips for sixth time in seven months

AGC officials pointed to ongoing tariff and labor uncertainty as the reason many construction owners may be pulling back on planned projects.

Construction Spending On Data Centers, Office Buildings, and Electric Power Installations

by Wolf Richter Wolf Street Boom, bust, and the adults in the room. Investments in the construction of data centers in the US has exploded. But this construction spending on data centers does not include the amounts spent on AI-specialized semiconductors, memory chips, servers, networking equipment, etc., which has reached astronomical levels. The four biggest cash-richest companies – Microsoft, Alphabet, Meta, and Apple – project capital expend…

Nonresidential Construction Spending Drops

National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau.