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And a weaker global economy dampened demand for American exports.
Another is the stagnating Japanese economy, which has dampened demand at home.
Energy prices later retreated, pushed lower by economic crisis that also dampened demand.
Then came El Nino, everyone's favorite scapegoat, which further dampened demand during the winter.
This fed through to mortgage rates and may have dampened demand for new houses.It points to another worry.
The weak economy, and the steady appreciation of the euro against the yen in recent years, has dampened demand.
Similar(8)
But the crackdown, followed a couple of years later by an economic boom, dampened demands for political change.
For now, it seems that only rising prices could dampen demand.
If housing were like any other consumer good, rising prices should eventually dampen demand.
The backlog of unsold houses remains high, and rising mortgage rates may further dampen demand.
Fiscal tightening later in the year will dampen demand for resources, putting a ceiling on prices.
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