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After $26M land acquisition, Amazon confirms plan for huge fulfillment center north of Seattle

After $26M land acquisition, Amazon confirms plan for huge fulfillment center north of Seattle
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Nonresidental Construction Project Planning Momentum Hits Highest Level Since Start of COVID-19 Pandemic

Dodge Data & Analytics
The Dodge Momentum Index – a monthly measure of the first (or initial) report for nonresidential building projects in planning issued by Dodge Data & Analytics – has been on a roller coaster ride since its steep tumble at the start of the COVID-19 pandemic in early 2020, albeit trending steadily back upward throughout the year. Now, after jumping 9.2% in 2020 s final month, it is starting 2021 on a positive note, with a 3.1% increase, rising to 139.4 (2000=100) from the revised December reading of 135.2.
Nonresidential building projects in planning serve as a leading indicator of future construction spending; they have been shown to lead spending for nonresidential buildings by a full year. In January 2021, the commercial component of the Momentum Index moved 9.9% higher, offsetting an 11.7% decrease in the institutional component. ....

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