well, the good news is that global totals all months since Feb are showing positive growth month-on-month (adjusted for working days, seasonality etc)
the bad news is that year-on-year is still about 10% down
and frankly, even if year on year (monthly) starts to show positive that's from the perspective of minus 20/25% a year ago...
e.g. if you start to see 10% growth by November then...
2007 = 100, 2008 = 75, 2009 = 82.5 which is stall awful, just not quite so awful.
but the financial types will only see the "plus 10%"