Key facts
- Data-center construction is significant compared to the slump in manufacturing-facility construction.
- Manufacturing sector projects are expected to increase later this year.
- Stimulus from the CHIPS and Inflation Reduction Acts is fading.
The CHIPS and Inflation Reduction Acts have provided significant stimulus for manufacturing projects in the US. As this stimulus begins to fade, the construction landscape is shifting, with data centers seeing a notable buildout while traditional manufacturing construction experiences a slump.