A recovery win against Phoenix doesn't really help cushion the blow either.
To be sure, an economic recovery in Japan has helped manufacturers.
The company said economic recovery in California helped loan demand.
The corporate sector's recovery from the aftermath of the 1990's bubble also helped growth in the spring.
Despite strong economic growth since last summer, the current recovery started out very slowly and that helps to explain the lack of hiring.
The partial recovery helps jump start normal university operations but many tasks are still not possible.
But the market's recovery since 1987 has helped keep most fund operators profitable and independent.
A modest recovery by the dollar against most other leading currencies also helped.
The recovery of births in the late 1970s helped London and other large cities to improve their population levels relative to smaller places.
The recovery has come recently, helped by lower oil prices and increased trade.