Hardly recovered. Just a little better than last year.
When my 19 year old was 2, we used to go to Santa Cruz Natural Bridges State Park, one of the spots they overwinter. The monarchs hung in thick cable-like strands from all the trees. As the day warmed, the sky swarmed with many thousands. Two thousand total is still a pittance. This population remains in dire straits.
(unlike k-selected species like gorillas where the recovery takes many generations and decades...)