Economic indicators here do not point to recovery, and the threat of default in Europe grows stronger.
But it should also mean that when a few key economies make a turning point toward recovery, those countries will quickly lift the rest of the world with them.
At this point in the recovery, the US is more likely to fall back than move forward.
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Initial high-frequency data for September, though, point at a recovery in EM central bank demand for the common currency.
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"Today's outcome suggests that manufacturing output broadly stabilised in the first quarter, although sectoral surveys remain weak and do not yet point to a recovery, " a research note from UniCredit said.
Thad Allen, the federal point man for recovery efforts, said 500 buses were available to take people out of the city, and it was possible commercial jets also would be used to evacuate people.
The Fed has apparently ignored recent jumps in the ISM Mfg Index, ISM Non-Mfg Index (service sector), retail sales, durable goods orders, and the like, which indicated even the point in the recovery may be near where the employment situation improves.
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For comparison, at the same point in the Reagan recovery, as former Sen.
You get 9.5%, 16.5% or even 22% unemployment when the models say it should be 8% at this point in the rocky recovery.
While economic data has not accelerated to the point of a meaningful recovery over the course of the past two years, corporate earnings have repeatedly surpassed expectations.
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So at this point in the economic recovery he would probably welcome a stock market pullback of at least enough to alleviate the bubbly look of its current overbought condition.
As many economists have pointed out, at this point in a weak recovery the government ought to be stimulating, as in spending to boost employment, and should save the belt-tightening, which indeed is badly needed, for when the conditions are less dire.
On this view, the argument over whether or not "austerity" killed the recovery misses the point.
These and other indicators point to a very gradual recovery, with much slack remaining in our economy, for now.
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While some analysts may be wary of spending patterns due to the slow-moving economic recovery, many point to the sector's progress from last year's comparable period.
At this point in the real-estate recovery, homes look like a much better investment than home-building stocks.
The recovery from the lowest point to above a previous peak took two and a half years on average, he says.
Oil spills are never good news for anyone but both BP and Enbridge appear to be in recovery mode at this point.
Now, at some point, you hope that the recovery is at a stage where we would no longer need that added help.
If the forecasts are right, it will be 2015 before we get back to that point, making it the slowest recovery since before the 1930s.
So even if the developed world does slip into recession in 2012, at some point investors will start anticipating a recovery later in the year, or in 2013.
That would mean that all signs point to the foundation of a real recovery.
That the real economy is still scraping along a bottom brings hope that at some point soon it will begin a real recovery.
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If, on the other hand, the president adheres to the notion that a recovery will indeed come, but after a longer while than usual, then he must expect that at this point in time the stronger stage of recovery will be coming soon.
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Some hard facts, however, point to just how difficult the job of recovery will be.
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There is usually some inflection point that causes a crisis or foreshadows a recovery.
But at some point in time, without a real economic recovery, even Wiley Coyote has to fall back to earth.
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Two years into this recovery we are quickly approaching the point in the cycle where we might expect a new cyclical contraction in economic activity.
These (and more) point to what could be a rip-roaring recovery.
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On the federal level, because this is going to be such a big job, I wanted to assign one particular person who would be in charge from our perspective, who would be our point person -- because FEMA basically runs the recovery process, it doesn't focus on the rebuilding.
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