More evidence that data centres are propping up US construction spending

Aerial view of large industrial construction site developing Image: SNEHIT Photo via AdobeStock

Continued strong spending on data centre projects is masking weakness in other areas of the US construction sector.

That’s according to the latest analysis of new government data.

Overall construction spending dropped 0.1% in June from the previous month and declined 3.2% compared to a year ago, according to analysis by the Associated General Contractors of America.

Private non-residential construction increased 0.1% in June but was 4.7% down…

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