"The problem is, there's nothing that gives me the sense of a sustained recovery."
Investment, the key to a sustained recovery, was also climbing.
Prices didn't begin a sustained recovery until 1996, more than six years after the downturn began.
Only then would he have any chance of a sustained recovery.
"We don't think we're going to see my any sustained recovery until 2004 or 2005."
"The chances of a sustained recovery are better now than at any time since 1991."
By late 2005, the economy finally began what seems to be a sustained recovery.
He added it was still possible to find a way through to sustained recovery.
Any sustained economic recovery in Europe has to be built on job creation.
They warned, however, that a sustained recovery might still be a long way off.