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Construction industry digest: Google data center halted, steel imports fall, and data center spending surges
A judge halts Google's Minnesota data center, steel imports drop 30% YTD, and data center construction spending jumps 28% year over year.
AI drives a wave of proptech funding as construction and commercial real estate startups attract fresh capital
From construction-site robotics to AI-generated HVAC quotes, real estate and property tech startups are drawing renewed venture interest in 2025–2026.
Construction industry signals mixed: jobs rise, spending splits and labor shortage costs mount
Nonresidential construction added 15,700 jobs in May and job openings rose by 25,000 in April, even as private spending fell and labor costs stayed hidden.
