The phrase "tepid recovery" means that there is a slow and lukewarm improvement in a situation or economy, rather than a strong or rapid one. Full definition
Despite the still tepid recovery in the office market, investors have exhibited a strong appetite for office... (nreionline.com)
While our current tepid recovery continues at an underwhelming pace, there is clearly a lack of enthusiasm for home ownership. (realestatelegalservices.com)
Despite the still tepid recovery in the office market, investors have exhibited a strong appetite for office properties. (nreionline.com)