The U.S. data center market has accelerated from steady growth to an unprecedented infrastructure boom driven by AI demand, hyperscale expansion, and competition for power and land.

The MSI Economics report combines analyst forecasts, capital commitments, and utility data to provide the most complete picture of the U.S. data center construction outlook through 2030. While long-range projections suggest 15%–30% annual growth and AI-related forecasts reach as high as 65%, near-term investment trends point to even faster, front-loaded expansion.

U.S. data center construction spending rose modestly to $11 billion in 2022 but is projected to surge to $86 billion by 2026, a 782% increase from the 2022 baseline.

Download the full report and get all the details from MOCA Construction Economist, Brandon Michalski.

Prepared by MOCA Systems, Inc.’s Principal, Chief Construction Economist, Brandon Michalski, Today’s Construction Economy is a quarterly must-read for industry leaders seeking comprehensive, data-driven analysis for the nonresidential construction sector.

This in-depth report synthesizes insights from hundreds of trusted sources, including news, analytics, and industry experts, to provide timely, actionable intelligence to thousands of construction professionals. By integrating hard economic data with expert commentary, Today’s Construction Economy offers clear, informed analysis to help stakeholders navigate market shifts, anticipate trends, and make confident strategic decisions.

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Brandon Michalski

Principal, Construction Economist

Brandon Michalski is the lead economist for MOCA Systems, Inc., a leading owner’s representative firm providing program and project management services. Brandon’s decade in the mining and heavy construction industries provides a foundation for subject matter expertise. He holds a Master of Science in Applied Economics from Johns Hopkins University in Baltimore, MD as well as a Bachelor’s Degrees in both Mining Engineering and Biology from West Virginia University in Morgantown, WV. Brandon currently lives in Pittsburgh, PA with his family and enjoys hiking and camping.