Buzzword: Green shoots

What the phrase means: Hints of economic recovery. This phrase is turning up in all manner of blogs, speeches, news reports and commentaries of late.

Why the buzz: While the economic news is decidedly mixed, a number of signs, including an increase in pending home sales, a reduction in initial jobless claims (based on a four-week moving average), and a continuing stock market rally are giving some observers of the economy reason for optimism. In statements on Monday before the Congressional Joint Economic Committee, Federal Reserve Chairman Ben Bernanke presented a mixed economic view. But beside all continuing gloom, he mentioned some hopeful signs.

The term "green shoots" already has spurred a backlash. However, many of us seeking relief  in this economy may be just as happy to let it take root.--Tobie Stanger