AI Data Centers Hit $41B Spending, Creating Worker Shortage Battle with Government Infrastructure Projects
Summary
AI data centers surge to $41 billion in construction spending, matching government transportation budgets and triggering fierce competition for scarce construction workers as states issue record $600 billion in infrastructure debt.
Key Points
- AI data center construction reaches $41 billion annualized spending, matching state and local government transportation infrastructure investment levels
- State and local governments sell record debt amounts for second consecutive year, with $600 billion projected for next year to fund infrastructure projects
- Construction labor shortages from retirements and immigration policies create competition between data centers and traditional infrastructure projects for workers