02-Nov-2026 23:27:48

UNIFIEDGeneral news

STERLITE TECH, HFCL, AEROFLEX, THERMAX ; US DATA CENTER CONSTRUCTION SURGES AT RECORD PACE DESPITE SPENDING SLUMP 🟢🟢

US construction spending fell 1.9% in September, but underlying momentum remains strong, supported by AI infrastructure investment. Data center construction surged at a record 211% quarterly annualized pace, with monthly growth of 8–10% over the past four months. Private nonresidential construction rose 1.1%, its fourth consecutive monthly gain, while residential spending dropped 5.5%. Data centers now account for 4.3% of total construction spending, up from 2% in early 2025.

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