AI Data Insight
The annualized quarter-over-quarter growth rate of US real GDP non-residential structures investment in Q2 2026 reported at -5.0%, showing a slight narrowing compared to the previous decline of -6.7%. Although the construction of AI data centers is in full swing, the investment momentum in commercial real estate such as manufacturing structures remains sluggish, leading to negative growth in this data for ten consecutive quarters. Under an environment where macroeconomic domestic demand remains resilient, the structural divergence in corporate capital expenditures—favoring equipment over structures—will be a key focus going forward.