AI Data Insight
In the first quarter of 2026, the annualized quarter-over-quarter growth rate of nominal construction investment within the U.S. gross private domestic investment reached 3.2%, moderating from 4.5% in the previous quarter. Although market reports indicate pressure on real construction investment, nominal data maintained positive growth, benefiting from AI-driven data center demand. Going forward, the potential impact of high interest rates and rebounding inflation on construction costs requires close monitoring.