Economic Contributions of Data Centers in the United States 2023-2024

This report is a technical document prepared for The Data Center Coalition by PwC, quantifying the economic contributions of the U.S. data center industry for the years 2023 and 2024. It outlines the significant role data centers play in the national economy, particularly in the context of rising data volumes and the adoption of technologies such as artificial intelligence and cloud computing. The analysis details the industry's contributions to employment, labor income, and GDP, highlighting a projected increase in jobs supported by the industry from 4.7 million in 2023 to 5.5 million in 2024, reflecting a 17 percent growth. Additionally, the report discusses the substantial labor income and value added to the economy, with labor income expected to rise from $431.1 billion to $525.3 billion, and GDP contributions growing from $768.0 billion to $926.9 billion during the same period. The findings emphasize the extensive economic linkages and impacts of the data center sector across various industries.