Wire · operational-macro
ABC: July Nonresidential Construction Spending Growth Entirely Due to Data Centers
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Fusion42 · 3 September 2026 · Fusion42 review
Nonresidential construction spending in the US increased by 0.1% in July 2026, entirely driven by growth in data center construction. Other major nonresidential sectors like manufacturing, transportation, and healthcare saw spending declines during the month.
This Wire brief sits within Fusion42's coverage of Industrial.
◆ ◆ The Wire takeaway
Data center construction is now the main driver of growth in nonresidential construction spending, concentrating opportunity and risk in that sector for construction and industrial tech founders. Prepare for volatility outside this niche as other segments contract.
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1 source · 3 Sep 2026
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