New Home Sales  (March 2021)

-  Annual rate  1,021,000. Previous was 846,000.

Source:  Census   Details: https://www.census.gov/construction/nrs/pdf/newressales.pdf

 

PMI Composite  (April 2021)

- Composite Index       62.2.  Previous was 59.1

- Manufacturing Index 60.6.  Previous was 59.0

- Services Index           63.1.  Previous was 60.0

In order to not suffer inflation above 2% annualized the supply side must keep up with the demand side.

Source:  Markit Economics  Details:  https://www.markiteconomics.com/Public/Home/PressRelease/22fc73216cf444c9b5443bb2a535091e