The phrase "fragile recovery" means that something is getting better or improving, but it is not very strong and could easily get worse again. Full definition
NAR believes that this first lien position of PACE loans adds an unnecessary risk and may threaten mortgage markets during the current fragile recovery of real estate markets. (nar.realtor)
However, a collapse in the Argentine peso, civil unrest in Eastern Europe and increasing concerns over China's huge shadow banking system demonstrate how fragile the recovery remains. (social.hays.com)
Mandelson's view is that Labour has to be honest about the deficit, now reduced slightly to what is still an eye - watering # 167bn next year, and that Labour must be willing to talk about cuts — albeit cuts when the time is right — when they do not put the slow and fragile recovery at hazard. (socialistaction.net)