Word: sluggish
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...predicted that 250,000 robots would be in American factories by 1990; today only 25,000 are installed, roughly twice as many as exist in West Germany, which has a much smaller industrial base. The U.S. lags far behind Japan, where 118,800 robots are in use. Along with sluggish domestic demand, U.S. manufacturers face a shrinking share of the roughly $1.9 billion global robotics market. Reason: Japanese competitors have gained a strong edge in the field and appear likely to continue their domination. Says Michael Cronin, president of Automatix, a Massachusetts-based robotmaker that lost $7.8 million last year...
These and other departing companies have been under enormous pressure to get out of South Africa. Shareholder groups threatened to dump their stock, while states, cities and counties vowed to deny them contracts and customers pledged to boycott their products. South Africa's political unrest and sluggish economy have also been deterrents to doing business. The resolve of some firms to remain in South Africa weakened two weeks ago when the Rev. Leon Sullivan, who in 1977 wrote a widely accepted set of principles governing responsible investment in South Africa, advocated total corporate withdrawal from the country. He called...
...feature: from behind its cluttered wooden desk, the occupant has a breathtaking view of almost every hazard that currently confronts the U.S. and world economies. In the foreground is the distressingly weak dollar, which threatens to push the inflation rate out of control once again. In the middle distance: sluggish levels of U.S. and world growth that could easily tail off into global recession, especially if American interest rates, already on the rise, should climb too high. In the background is the ugly accumulation of Third World debt, an unstable mass that if not properly managed could still crush...
...were kind of sluggish," Jones said. "We weren't really into it and we didn't really have the kind of intensity of the last week...
Despite Washington's unhappiness over trade, there was some good economic news last week. The Commerce Department reported that the U.S. economy, which grew at a sluggish 2.5% rate last year, expanded at an annual rate of 4.3% for the first three months of 1987. But the seemingly strong showing, largely due to an increase in unsold goods, may be reversed in the second quarter. If so, U.S. officials will feel even more pressed to find a resolution to the troubling trade issues...