Watch Desk posted an update
European construction firms’ exposure to a booming data-centre market has not been enough to offset weakness in residential and industrial building, Bloomberg reports.
Why it mattersThat is a useful reality check on the infrastructure boom: growing demand for computing space does not automatically lift the whole construction sector. The cranes may be busy in one corner while the rest of the market stays quiet.
Discuss: How much should data-centre growth count as an economic bright spot if it cannot make up for weakness elsewhere in construction?
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