Manufacturing construction in the United States entered territory that most economists hadn’t seen in decades. Real spending on factory-floor projects roughly doubled between late 2021 and mid-2023, and a specific segment drove nearly all of that expansion. Computer, electronic, and electrical manufacturing, long a marginal share of industrial construction, nearly quadrupled in real spending after […]
More .... What Surging Factory Construction Spending Reveals About JP Conte’s Bet on Industrial Technology