*Walter Bloomberg(@DeItaone):US DATA CENTER CONSTRUCTION SURGES AT RECORD PACE DESPITE SPENDING SLUMP US construction spending fell 1.9% in September, but underlying momentum remains strong, supported by AI infrastructure investment. Data center construction surged at a record 211% quarterly annualized pace, with monthly growth of 8–10% over the past four months. Private nonresidential construction rose 1.1%, its fourth consecutive monthly gain, while residential spending dropped 5.5%. Data centers now account for 4.3% of total construction spending, up from 2% in early 2025.

2026.11.02 16:31

US DATA CENTER CONSTRUCTION SURGES AT RECORD PACE DESPITE SPENDING SLUMP US construction spending fell 1.9% in September, but underlying momentum remains strong, supported by AI infrastructure investment. Data center construction surged at a record 211% quarterly annualized pace, with monthly growth of 8–10% over the past four months. Private nonresidential construction rose 1.1%, its fourth consecutive monthly gain, while residential spending dropped 5.5%. Data centers now account for 4.3% of total construction spending, up from 2% in early 2025.