Data Centers Drive Surge in U.S. Construction Starts
U.S. nonresidential construction activity saw an increase of 5.8% year-over-year in August, driven primarily by growth in data-center projects, according to a report from UBS based on Dodge Data & Analytics figures. The rise in demand for data centers helped offset declines seen in other infrastructure sectors during the same period. The analysis highlights continued strength in construction tied to digital infrastructure needs amid broader economic conditions affecting traditional nonresidential building segments like manufacturing and transportation. This trend underscores a shift toward tech-related development as businesses expand their cloud computing capabilities.
