AI Data Insight
Latest data shows that the contribution of U.S. construction investment to GDP plummeted from the previous 0.1% to -0.16%, marking the first negative value since 2022. This reflects that the peak of manufacturing plant construction driven by the "CHIPS Act" has passed, superimposed with the slow absorption of office and warehouse inventory in a high-interest-rate environment, leading to a significant cooling of non-residential construction investment momentum.