1. And next year, a consumption tax increase will put a further drag on the economy. 2. And investors now expect higher interest rates to prove a further drag on it this year. 3. -- Federal spending is slowing, putting a further drag on economic growth. 4. A further drag on the market came from the Treasury bond market. 5. But many in business fear that privacy concerns could put a further drag on the hobbled high-technology economy. 6. Hence, they are forced to cut spending and raise taxes, putting a further drag on economic growth. 7. That capital flight has forced developing countries to raise interest rates to protect their currencies, thus putting a further drag on economies already in recession. 8. Higher interest rates are a further drag on the economy. 9. It represents a further drag at a time when the U.S. economy was already slowing. 10. Specifically it said production cuts by manufacturers could continue for some time and that weak economies around the world could become a further drag on U.S. growth. |