Data centers are at the core of our digital connections
The digital world we live in depends on physical infrastructure and a highly skilled workforce to keep it running 24x7. As a growing industry, data centers support vital connectivity right now and enable a future of possibility, all while bringing substantial benefits to the communities where their teams live and work.
Benefits Beyond Connectivity
Communities benefit from data center investment and continued development.
Tax Revenue
The data center industry is an important tax contributor to the US economy, making contributions at the federal, state, and local level that support the financing of important government and public programs and services. The industry’s total tax contributions increased 50% in the five years from 2017 to 2021, going from $66.2 billion to $99.6 billion.
Economic Impact
In 2021, the US data center industry’s total annual impact on US GDP was $486 billion. For each dollar of direct value added in the data center industry, $2.7 of value added were supported elsewhere in the economy.
Job Creation
Data centers power our modern innovation economy and support a growing secondary ecosystem. In 2021, the US data center industry supported a total of 3.5 million jobs in data centers as well as in the construction, telecommunications, power infrastructure, technology manufacturing sectors, and more.
Source: PwC, Economic, Environmental, and Social Impacts of DataCenters in the United States, September 2023
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A Positive Ripple Effect
When a community gets a data center, it gets so much more than essential infrastructure.
“90 percent of Holder Construction’s business in Loudoun County is data centers. We have operations across the country, and when we talk to cities and counties, they are all trying to figure out how to duplicate Northern Virginia’s data center success. In Virginia alone, the data center industry has fueled a consistency of construction work that employs over 10,000 people each year, who are in turn putting down roots and returning that investment in their jobs to the community.”
— Jason Bell, Vice President of Operations, Holder Construction