green shoots

green shoots

Signs that something has been or is in process of revitalizing. This phrase is often used to reference such changes in the economy. There have been no green shoots yet, so the recession continues.
See also: green, shoot

green shoots

signs of reviving activity.
The metaphor was popularized in Britain by its (over-optimistic) use in 1991 by the chancellor of the exchequer, Norman Lamont, to characterize signs of economic recovery.
See also: green, shoot
References in periodicals archive ?
A VILLAGE horticultural society that nearly disappeared has found the green shoots of recovery and celebrated its 100th anniversary.
Despite the claims that we are seeing the green shoots of recovery, unemployment is still soaring and it's not like there's some magical slush fund in the bank to dip into.
Economists arguing over whether Britain is experiencing a v-shaped, w-shaped or even the dreaded l-shaped recession would do well to cast their net at the country's suburban shopping parades to judge whether there really are any green shoots of growth.
NO one is predicting when the green shoots of economic recovery will emerge.
Mr Mullins said: "These are undoubtedly difficult trading conditions, but we are seeing green shoots coming through.
As for Baroness Vadera, she said she saw green shoots in the economy, immediately qualifying her words with "but it's too soon to say".
THE green shoots of recovery are peeking through on Setanta TV, right in time for the Baftas.
Speke is at present showing a few green shoots of recovery after many years of neglect and any siting of a camp/hostel for these people, who are supposedly to be sent packing (because they've failed in their bids to stay here) would be extremely damaging to the areas potential for further growth.
As soon as some hapless politician stands up and says they can see green shoots that suggest the economy is going to be just fine in next to no time an alternative opinion is expressed, often by the governor of the Bank of England, that green shoots are a fantasy and we are in for a long haul out of this recession.
Sir Stuart said he was "not in green shoots mode" over the prospects of a recovery in the retail sector, but he said "we have reached a plateau".
THEboss of banking giant HSBC played down talk of green shoots, despite revealing bumper results.
The peer, a senior Treasury adviser to Gordon Brown before joining the Government, said: "I am seeing a few green shoots but it's a little bit too early to say exactly how they'd grow.
The slowdown on the high street is now very apparent, but against all odds, manufacturing is showing green shoots of recovery.
The move could signal the Bank is in "wait and see" mode as it judges the strength of possible green shoots in the economy, following better news from many industry surveys and the housing market.
One of the most notorious quotes of the 1991 recession was by the former Chancellor, Norman Lamont, when he said he could see "the green shoots of economic spring".