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AI-related US construction spending is claimed to be up 38% since January 2024

A post quotes figures putting manufacturing spending down 28%, commercial real estate down 13% and residential spending down 6%.

Danielle Fong 🔆DF
Shanu MathewSM
2 Sources, 17h ago, first seen 17h ago

TLDR

A post quotes a claim that AI accounts for the only positive trend in US construction spending since January 2024, rising 38%. The quoted figures put manufacturing spending down 28%, commercial real estate down 13% and residential spending down 6%. The post calls a decline in planned data centers something to watch.

Combined views

3.1K

2 Sources, first seen 17h ago

18 likes8 saves18 reposts

Combined views

3.1K

2 Sources, first seen 17h ago

18 likes8 saves18 reposts

Sentiment

Positive——Negative

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Not enough discussion yet.

No sentiment analysis available yet.

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Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

2 Sources

Shanu Mathew@ShanuMathew93"AI accounts for the only positive trend in US construction spending, having risen by 38% since January 2024. Unfortunately the other three main categories are down since then (manufacturing -28%, commercial real estate -13% and residential -6%). That’s why the decline in planned data centers is something to watch"17h
Danielle Fong 🔆@DanielleFongRT @ShanuMathew93: "AI accounts for the only positive trend in US construction spending, having risen by 38% since January 2024. Unfortunat…1h
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    2 Sources

    Shanu Mathew@ShanuMathew93"AI accounts for the only positive trend in US construction spending, having risen by 38% since January 2024. Unfortunately the other three main categories are down since then (manufacturing -28%, commercial real estate -13% and residential -6%). That’s why the decline in planned data centers is something to watch"17h
    Danielle Fong 🔆@DanielleFongRT @ShanuMathew93: "AI accounts for the only positive trend in US construction spending, having risen by 38% since January 2024. Unfortunat…1h
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