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Data Center Boom Threatens Road and Bridge Projects

Data Center Boom Threatens Road and Bridge Projects
Rapid growth in data center construction is diverting resources from traditional infrastructure work, according to Bloomberg. State and local governments have sold a record amount of debt, with forecasts of another $600 billion in sales next year, most of which is earmarked for roads, bridges and other projects. At the same time, private spending on data centers is running at an annualized rate of over $41 billion, roughly matching public transportation construction outlays. The competing demand for construction workers is intensified by labor shortages caused by retirements and tighter immigration policies, prompting Autodesk CEO Andrew Anagnost to warn that many infrastructure projects will slow down. Leia mais →