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Data-Center Construction Spending First Exceeds Public Transportation Outlays in April

The Census Bureau reported Monday that private spending on data centers exceeded government outlays for transportation projects for the first time in April data.

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MarketWatch
2 sources·Jun 2, 9:01 AM·1m read
Data-Center Construction Spending First Exceeds Public Transportation Outlays in AprilMarketWatch
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The Census Bureau released its April construction-spending report on Monday, showing that outlays for data centers exceeded public spending on transportation for the first time. S. building activity.

More money is now spent building data centers than the government spends on transportation, according to the report. A notable milestone was reached in the April construction-spending report, the Census Bureau data indicated.

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