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The phrase "are hold back" is not correct in English.
Did you mean "are held back"? If this is the case, you can use it to describe a situation where someone or something is being restrained or prevented from progressing.
Example: "The students are held back due to their poor performance in exams."
Alternatives: "are restrained" or "are impeded".
Exact(1)
The result: Investments are hold back and jobs not created.
Similar(59)
Others are holding back.
"People are holding back".
"In Greece, they are held back".
As a result, consumers are holding back.
Private creditors are holding back, too.
Failing pupils are held back.
I suspect some firms are holding back.
Generally, agents are holding back on submissions.
More fundamental forces are holding back spending.
Money is not the reason that companies are holding back.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com