Data Center Construction Spending Growing at 149% Annualized Pace Since March

Data center construction spending is surging at a 149% annualized growth rate since March, with August alone seeing a 7.5% monthly increase. The unprecedented scale and speed of this construction boom is challenging analysts' ability to fully understand its implications for the industry.

“Frankly, it’s becoming difficult to contextualize the size and speed of this boom," says Anirban Basu. "Data center construction spending leapt another 7.5% in August." The post Data Center Construction Spending Growing at 149% Annualized Pace Since March first appeared on Construction Executive .

This story was originally published by Construction Executive.