While economists put the chance of the economy going right back into recession without a full-fledged recovery at only one in three, she said, "that sounds pretty scary to me."

While automotive analysts said the gain fell short of a full-fledged recovery, it provided a lift to beleaguered auto makers and retail dealers.

Along with big gains in January retail sales and record-breaking activity on the stock market, the data suggest that a full-fledged recovery might be under way.

The question is, can the new chief see that the uptick becomes a full-fledged recovery, back toward the peak share price of $63.375 two years ago?

Only a full-fledged economic recovery could do that.

While the gain was seen as falling short of a full-fledged recovery, it still gave a lift to auto makers and retail dealers.

The 1980's provided the first sign of a rebirth, and the latest census figures indicate that the turnaround has become a full-fledged recovery.

These reports, along with the enthusiasm shown by investors in the stock market, suggest that a full-fledged recovery might at last be under way.

Job Picture Not Good Although a full-fledged recovery would remove some pressure, the streamlining of the giant defense, construction and financial service industries will no doubt keep unemployment offices busy.

So what will lead us into a full-fledged recovery?