The automatic budget cuts that commenced on Friday, March 1, may threaten economic growth, but recession risk remains low, based on the latest set of economic and financial numbers. Asked about the potential macro fallout from the sequester, House Speaker John Boehner yesterday responded: “I don’t know whether it’s going to hurt the economy or not. I don’t think anyone quite understands how the sequester is really going to work.” Whether you agree or not, what we do know is that the economy’s forward momentum remains intact–according to a broad survey of the current data set.