The phrase "are soaring because of" is correct and usable in written English.
It can be used to explain the reason for a significant increase or rise in something, often in contexts related to statistics, trends, or performance.
Example: "The company's profits are soaring because of increased demand for their products during the holiday season."
Alternatives: "are rising due to" or "are climbing as a result of".
Those expenses are soaring because of a global shortage of bulk freighters.
"While we are all doing these green things, our country's emissions are soaring because of the tar sands.
Property values in and around town are soaring because of what Cathy C. Caskey, a broker at High Mountain Real Estate, called "the Godfather syndrome".
Sales of coal mining equipment, like large trucks, shovels and mobile power generators, are soaring because of a resurgence in demand for coal-powered electricity.
Federal deficits and debt are soaring because of the recession and federal efforts to shore up banks and other industries while trying to revive the economy with a huge infusion of federal spending.
"The prices are soaring because of the war," he says.
This does not include people arrested for "using a cult to sabotage implementation of the law," a category of detainees that is soaring because of the government's hysteria over the spiritual group Falun Gong.
It is soaring because of structural changes in the global energy market that could have vast consequences for America and the world if we do not respond in a comprehensive manner.
Douglas Terreson of Morgan Stanley, an investment bank, thinks costs are soaring because the blizzard of breakthroughs that reduced the cost of finding and developing oil has now slowed to a trickle.Andrew Gould, the head of Schlumberger, an oil-services giant, is not so pessimistic.
Senator Barbara Boxer, Democrat of California, who opposed the legislation in 1996, said: "Today my spirits are soaring because the Supreme Court reaffirmed the promise of America by rejecting two blatantly unconstitutional measures that discriminated against millions of our families.
Medical costs are soaring because our health-care system is totally screwed up [ because of Democratic Greed].
