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"I suspect we would see a modest rebound in payrolls in June but it would still be below 150,000.
At the same time, the old-economy stocks of the Dow Jones industrials staged a modest rebound.
Many forecasters now say they see problems continuing until the second half of 2002, then a relatively modest rebound.
Both figures were higher than those recorded in October, showing that the modest rebound of the last few months had continued to gain traction.
Some polls seem to imply a modest rebound toward Mr. Gingrich over the final 72 hours of the campaign, while others show continued momentum for Mr. Romney.
Analysts said the survey was slightly more upbeat than the previous one by the Fed, noting the modest rebound in manufacturing in the last two months.
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Other European stock markets experienced modest rebounds of about 0.25%.
Britain, for instance, has experienced a modest fertility rebound, and not just among recent immigrants.
If that relationship continues, even a modest stock rebound this year will spell trouble for bonds.
Some parts of the Midwest have been helped by the natural-gas boom, while others have benefited from a modest manufacturing rebound in the last few years.
But all we needed for a modest economic rebound was for construction to stop falling and saving to stop rising — and that seems to be happening.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com