Jan. 7 (Bloomberg) -- Harvard University economist Martin Feldstein, head of the group that dates U.S. economic cycles, said the odds of a recession have risen to more than 50 percent after a report showing unemployment jumped in December.
``We are now talking about more likely than not,'' Feldstein, president of the National Bureau of Economic Research, said in an interview in New Orleans two days ago. ``I have been saying about 50 percent. This now pushes it up a bit above that.''
