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Sales of smartwatches have been sluggish, data shows, partly because functionality is limited to notifications, which has not appealed to the mass market.
Along with sluggish data on jobs and consumer prices, the latest tankan reading has cemented expectations that the central bank will hold off from raising a key interest rate at its policy meeting next week.
The rise in the economic indicators was an encouraging sign after recent sluggish data, and underscored releases on Thursday that showed a better-than-expected picture of the labor and housing markets, but a contraction in Mid-Atlantic factory activity in June.
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At the relatively sluggish data-carrying capacity of wireless networks, the mobile Internet seems more like a way for mobile carriers to sell their customers a modest amount of limited data.
[Page C1.] Several economists, however, suggested that the sluggish June data may have been a fluke, noting that the payroll report can be highly volatile from month to month, and they predicted that it would rebound in July.
T-Mobile ads made merciless fun of AT&T's reputation for dropped calls and sluggish wireless data connections while celebrating T-Mobile's fast network and low rates.
Zach Pandl, an economist at Columbia Management, an investment firm, said the rosier tone of the survey was probably a reason that several Fed policy makers recently expressed optimism despite sluggish economic data.
At the start of U.S. trading, stocks were firmer with investors anticipating more rate-cut action from the Fed after last week's sluggish economic data.
While some analysts point to the iPhones sluggish EDGE data network as a factor that could turn off U.K. consumersmany phones in Europe are already outfitted with faster 3G connections, which are rare in the U.S.the iPhone was the most searched for phone in the U.K. on all search engines in the month of October, according to Hitwise analyst Robin Goad.
The software from third-party developers feels slow, and sluggish to load data.
This follows Wednesday's miserable manufacturing figures, and data showing sluggish growth in construction yesterday.
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