Last year, for the first time in years, the Federal Communications Commission refused to state whether the mobile communications market was competitive in its annual report to Congress on the state of the cellular market.

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For example, the primary purpose of my Daily State of the Markets report is to identify the driver or drivers of the action in the stock market.

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And Chinese research firm iResearch just released its quarterly report estimates of the current state of the Chinese Internet market.

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Essentially, no single report can reveal much about national trends or the state of the job market.

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