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Thoughtful Money with Adam Taggart · Sunday, October 25, 2026

Data Centers Drive Over 70% Annual Growth in Construction Spending

Chance Finucane pointed out recent data showing that construction spending growth is heavily concentrated, with data centers seeing over 70% annual growth and power infrastructure seeing 10% growth, while all other sectors register negative year-over-year figures.

personChance FinucanecompanyOxbow Advisors

The tape

1 quote
“The only growth in construction spending, there's more than 70% annual growth. Data centers? Yep, data centers. And then power, which is also data centers essentially, is 10% growth. Every other sector of the economy, whether it's residential, manufacturing, all the way on down, negative year over year.”
Chance Finucane
Heard on Thoughtful Money with Adam Taggart — “"We're Worried About 2027" - Stocks To Plunge 30%? | Chance Finucane @OxbowAdvisors”, published Sunday, October 25, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Data Centers Drive Over 70% Annual Growth in Construction Spending — Heardvine