US: Slew of economic data today – BBH

Analysts at BBH suggest that US has a slew of economic data before Powell's Congressional appearance.  

Key Quotes

“The January advanced goods balance and the inventory figures are probably the most important for GDP purposes, but there will be some relevant information in the durable goods report as well.  On balance, forecasts for Q1 GDP have been pared back by the Atlanta and New York Fed trackers recently.  Both are looking for a little more than 3% pace, and the risk seems to be on the downside from today's data.  S&P/CaseShiller house prices, Richmond Fed manufacturing survey, and Conference Board’s consumer confidence survey will also be released, but typically don't have much market impact even in the best of times.”