Retail and Manufacturing Losses, a Dwindling Housing Supply, and the 10-Year UST Yield Hits 1.67%
March 17, 2021 at 16:43 PM EDT
By: BCM Investment Team February’s retail sales losses were more severe than expected—with sectors following a familiar pattern—but have still managed to grow year-over-year. Manufacturing also felt the effects of last month’s freezing temperatures and underperformed expectations by over 3%....