The Data Center Construction Pulse
This chart measures the year-over-year change in monthly private data-center construction spending. It is a timely momentum indicator, but recent Census observations are preliminary and revisions can change both the latest growth rate and its recent history.
What does it show?
The buildout remains fast-moving, but its year-over-year pace is volatile enough that revisions and base effects matter.
Methodology
Year-over-year percent change in the monthly, seasonally adjusted annual-rate Data center component of private construction spending. Recent observations are preliminary and prior months may be revised, so the chart measures momentum rather than a final construction total.