03/18/2010 05:12 am ET Updated May 25, 2011

'Great Ambiguity' In Recovery Indicators: NYT

Signs of revival on the factory floor emerged in the United States and Asia on Monday, fueling exultant buying on Wall Street and reinforcing a sense that genuine economic recovery was unfolding.

But if the Great Recession has indeed relaxed its grip on American life, it has been replaced by something that might be called the Great Ambiguity -- a time of considerable debate over the clarity of economic indicators and the staying power of apparent improvements.