MarketWatch: It's Official — US Data Center Construction Spending Has Crossed Above All Government Transportation Infrastructure Spending

US private-sector data center construction spending — now exceeding $50.7 billion per month — has officially crossed above total government transportation infrastructure spending ($49.3 billion), including airports, marine terminals, and all public transit, per Census Bureau data. The crossover marks the largest relative shift in US construction capital allocation in decades, driven by AI compute demand that has grown data center outlays roughly fivefold since late 2022, with analysts projecting $70 billion-plus per quarter through 2028.