This is confirming the idea that, while the stock market's not in good shape, the overall economy's not in bad shape; it's nowhere near going into a double dip.
You can't read a double dip into this, especially because so much of this is related to the stock market, rather than to the overall economy, ... The coincident index tells us where we are, which is in recovery. It's not really strong, but we're staying in it.
All the folks writing stories about the double dip ought to just delete that file. There are no guarantees, but the train is leaving the station.