The U.S. gross domestic product grew 2.2% this spring, an upward revision of 0.7%.
Tariffs have come down, but they’re still higher than they were under the Biden administration.
The Organization for Economic Cooperation and Development said the war is a test of the resilience of the global economy, with higher energy prices and uncertainty weighing on economic growth the longer it goes on.
Data centers were one of the bright spots in a year that saw total construction spending decline 1.4% from the previous year.
As AI increases demand for data centers, many will get built in dense metropolitan areas close to where people live and work.
BlackRock predicts a massive influx in infrastructure across the globe — if we can find enough skilled workers to do the building.
Maybe, but even the ones that want to be environmentally friendly face energy challenges.
As spending on AI data centers booms, so does spending for industrial outdoor storage, where companies store tools, trailers, and other equipment.
Building them could soon be a bigger business than building traditional office space.
