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Analysts caution, however, against expecting a sharp bounce back to the double-digit annual growth rates seen before the global financial crisis.
A bungee-jumping currency the rand lost 23% of its value between the beginning of May and the end of August, before a sharp bounce last week has played havoc with business confidence.
But since the interval Sean Ervine, not one of the more feared pacemen on the circuit, has found some sharp bounce from the Mersey End, and caused Lancashire some real problems.
But in recent decades, downturns have become both less common and less severe, giving businesses and consumers less time to build the demand that can cause a sharp bounce back.
"The same factors that allowed them to have the V-shaped recovery" -- one where the plunge down is followed by a sharp bounce up -- "have turned fully against them".
Whilst the rhetoric from central bankers has been slightly more upbeat, they continue to remain cautious on their outlook for inflation, so in other words they are not expecting a sharp bounce in economic activity and worse still there remains the threat that we could slip back into another recession.
Similar(52)
It was a solid, middle-of-the-road performance from the stock market, neither the utter collapse of 2008 (when the S&P 500 fell 38percentt) nor the sharp bounce-back of 2009 (up 23percentt).
"You don't get these sharp bounces on the fairways, and when you're hitting the fairways they are relatively flat," Brown said.
The Australian just prods forward at a ball that seemed to come through quicker and with sharper bounce and the nick went straight to Smith at slip.
The Texas desert light was laser-sharp, bouncing around the deserted streets of Marfa, from the whitewashed façade of an old picture-house to the curve of an Airstream trailer cruising slowly down the main drag of Highland Street.
For the last few months, economists had been predicting that the recovery was speeding up and that a sharper bounce-back was imminent, only to be disappointed again and again.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com