June Nonresidential Construction Spending Up on Strength of Data Centers

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June Nonresidential Construction Spending Up on Strength of Data Centers
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National nonresidential construction spending grew 0.1% in June, driven primarily by strong demand for data center construction. On a seasonally adjusted annualized basis, spending reached $1.277 trillion according to Census Bureau data.

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WASHINGTON, Aug. 3—National nonresidential construction spending rose 0.1% in June, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.277 trillion. Spending…

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