NBER’s Feldstein says U.S. sliding into recession (Reuters)

National Bureau of Economic Research President Martin Feldstein in an undated photo. The United States is in a recession that could be 'substantially more severe' than recent ones, Feldstein said on Friday. (NBER/Handout/Reuters)Reuters - Martin Feldstein, who leads the group that is considered the arbiter of U.S. recessions, said on Monday that he personally believes the economy has been sliding into a recession since December or January.