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Wolf Street / US Census Bureau

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2026-05-08

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  1. 2026-05-08 / REDDITUS Data Center Construction Hits $50B Annualized Rate — Outpaces Office Spending AgainThe Census Bureau's March 2026 construction spending report shows data center construction soaring 34% year-over-year to a seasonally adjusted annual rate of $50B, up 688% since 2018. Data center spending now exceeds office construction for the second consecutive quarter, though overall private nonresidential construction has declined for four consecutive months. The data quantifies how AI infrastructure demand is reshaping the entire construction economy.
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