📈 U.S. Computer and Electronic Manufacturing Construction Remains Elevated, Though Growth Slows

U.S. Computer, Electronic, and Electrical Manufacturing Construction Spending Remains Elevated, Though Growth Slows

Driven by semiconductor manufacturing investments, U.S. construction spending in computer, electronic, and electrical manufacturing surged to a year-over-year growth rate of 316% in Q3 2022. Growth has since moderated, reaching 24% in Q3 2024.