Tags: feldstein | recession | economy

Feldstein: One in Three Chance of Double Dip

Friday, 27 Aug 2010 12:17 PM

The United States faces a “significant” chance of falling back into a recession, Harvard University professor Martin Feldstein tells Bloomberg Radio.

“I would say there’s still a significant risk, maybe one chance in three, that there will be a double dip, real GDP falling, before we’re in the clear,” Feldstein said.

The former Reagan adviser is a member of the committee at the National Bureau of Economic Research that dates the beginnings and ends of recessions.

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The United States faces a significant chance of falling back into a recession, Harvard University professor Martin Feldstein tells Bloomberg Radio. I would say there s still a significant risk, maybe one chance in three, that there will be a double dip, real GDP...
feldstein,recession,economy
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2010-17-27
Friday, 27 Aug 2010 12:17 PM
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