During the fourth quarter of 2024, companies in the US Information sector expanded investments in property, plant, and equipment (PP&E) by nearly USD 142 billion compared the prior year period. These investments bring the total current net PP&E asset base of Information sector companies to more than USD 1 trillion. Notably, these investments exclude technology investments made by companies within other sectors of the economy, including technology companies themselves or ecommerce firms. While AI has been a driving force of technology investments in the last two years, the general trend toward modernization and digital transformation also continues to drive demand for the technology sector.
Source: US Census Bureau, March 2025