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November 4, 2026

Data centers mask building slowdown

By JOURNAL STAFF

WASHINGTON, D.C. — Construction spending declined in September, but booming investment in data centers and electric power projects helped offset deeper weakness across much of the construction market.

According to the Associated General Contractors of America (AGC), total construction spending fell 1.9% from August and 2.7% year over year to a seasonally adjusted annual rate of $2.19 trillion, with growing pressure from rising costs, supply chain disruptions and labor shortages.


 
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