Construction spending falls 1.9% from August to September and 2.7% year-over-year, reaching $2.19 trillion at a seasonally adjusted annual rate, per an AGC of America analysis of new federal data. Surging data center construction—up 8.6% for the month and 90% year-over-year—and private electric power investment are the sole drivers of...
Construction Spending Falls in September as Data Centers, Power Projects Surge
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