Data centers are now the largest financial bet in US history

By: Tim Henderson

Outlets: Stateline

Published: October 16, 2026

Words: 1,131

Last Updated: 1 day, 18 hours ago

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The sheer size of investment in data centers is drawing concern as it surpasses all other historical booms and crowds out other more job-creating ventures.

Until now, no industry had driven the U.S. economy with such force since the railroad expansion of the late 1800s, when titans battled one another to lay the transcontinental tracks that would connect America from coast to coast.

Railroads in the 19th century consumed …

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