What it is showing is that the leading economic indicators (red line) are not showing signs of a new recession. This is great news amidst fears of a double dip recession in the U.S.
From Charles Schwab: "Key to this LEI improvement has been the broadening of the sub-indices that have ticked up: the last several months brought lifts in nearly all of these, versus just the financial components (interest-rate spread and money supply) that had driven the earlier improvement."
What the quote is saying is that economic indicators besides those affected by low interest rates (Fed. Reserve...Bernanke) and increased money supply (think QE1, 2) are also improving. To me, this shows a more organic and sustainable recovery.
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