Data Centers Still Sizzling with a +28.7% April YOY Spending Increase to $50.7 Billion

Key Highlights

  • Total construction spending in April 2026 was $2,172.4 billion, up 0.4% from March and 0.9% from April 2025.
  • Private construction spending reached $1,639.7 billion, with residential projects up 0.8% and nonresidential slightly down by 0.2%.
  • Data center construction saw a significant 28.1% year-over-year increase, totaling $50.7 billion in April 2026.
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Total construction spending during April 2026 was estimated at a seasonally adjusted annual rate of $2,172.4 billion, +0.4% above the revised March estimate of $2,164.5 billion. The April figure is +0.9% above the April 2025 estimate of $2,153.4 billion. During the first four months of this year, construction spending amounted to $657.2 billion, +0.2%  above the $656.1 billion for the same period in 2025.


Private construction

Spending on private construction was at a seasonally adjusted annual rate of $1,639.7 billion, +0.4% above the revised March estimate of $1,633.9 billion. Residential construction was at a seasonally adjusted annual rate of $909.9 billion in April, +0.8% above the revised March estimate of $902.9 billion. Nonresidential construction was at a seasonally adjusted annual rate of $729.8 billion in April, -0.2% below the revised March estimate of $731 billion.
Data center construction continues to outpace all other construction categories on a year-over-year basis. In April, the U.S. Census Dept. said their was $50.7 billion in spending on data centers, a 28.1% YOY increase.


Public construction

In April, the estimated seasonally adjusted annual rate of public construction spending was $532.7 billion, +0.4% above the revised March estimate of $530.6 billion. Educational construction was at a seasonally adjusted annual rate of $113.7 billion, 0.6% above the revised March estimate of $113 billion. Highway construction was at a seasonally adjusted annual rate of $149.6 billion, +0.4% above the revised March estimate of $149 billion.