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US corporate spending on equipment and facilities forecast to rise 40% from 2021 to 2027, over 3x Europe's pace, driven by AI race
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Oxford Economics forecasts US corporate spending on equipment and facilities will grow 40% between 2021 and 2027, more than three times the rate of Europe, with the AI race as the primary driver.
The forecast points to a widening capital expenditure gap between the US and Europe in high-tech infrastructure, with AI competition as the stated cause. For engineering teams, this suggests US-based operations will see accelerating investment in equipment and facilities while European counterparts may face a comparatively slower build-out.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
Oxford Economics projects US corporate equipment and facilities spending will rise 40% between 2021 and 2027.
The projected US growth rate is over three times faster than Europe's over the same period.
The AI race is identified as the driving force behind the spending divergence between the two regions.
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