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Bloomberg Surveillance · Wednesday, July 29, 2026

Data centers are a surprising driver of demand across various industries

Demand for data centers is unexpectedly permeating almost every industry, including traditional sectors like pipelines and aggregate manufacturing. This trend is particularly strong in the Southeast and Midwest regions.

companyKPMG

The tape

3 quotes
So one thing we're seeing in the kind of perse q e world is a lot more differentiation. So we started maybe mentioning the Bank of England. We've we've got a Bank of England meeting actually this week. We've got Bank of Japan also coming this week. We're seeing a lot of differentiation what's priced in. It's becoming a lot more kind of volatile, particularly at the short end. So that's that's the first big thing.
So what they're telling us is data centers is weirdly permeating almost any industry you wouldn't expect. And so it's something like, you know, we were talking to somebody who owned a pipeline right away, and all of a sudden, that guest pipeline right away got really valuable because all of a sudden, there's going to be a huge amount of gas generation because there's going to be a data centers, large data center being built on the other end.
And so it's something like, you know, we were talking to somebody who owned a pipeline right away, and all of a sudden, that guest pipeline right away got really valuable because all of a sudden, there's going to be a huge amount of gas generation because there's going to be a data centers, large data center being built on the other end. Or you know, somebody who makes equipment that creates aggregate, like they crush rocks for gravel.
Heard on Bloomberg Surveillance — “Markets Ready for Fed and Tech Earnings, published Wednesday, July 29, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Data centers are a surprising driver of demand across various industries — Heardvine