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The phrase "a modest deficit of" is correct and usable in written English.
It can be used when discussing a small or moderate shortfall in a particular context, such as finance, resources, or performance.
Example: "The company reported a modest deficit of $50,000 in its quarterly earnings."
Alternatives: "a slight shortfall of" or "a small gap of".
Exact(1)
In his mid-term budget speech on October 21st, Trevor Manuel, the finance minister, said that the budget, still expected to be in surplus this year, would run a modest deficit of 1.6% of GDP next year, due to the slowdown and some extra spending to soften the blow.
Similar(59)
The Administration is betting that the American public, in its eagerness to see the fruits of the economic recovery more widely shared, is now willing to tolerate a modest deficit for the indefinite future.
We adjusted for duration of work owing to evidence of a modest deficit in relative mortality among workers who had at least 10 years of radiation work, and a larger deficit in relative mortality among workers who had at least 30 years of radiation work.
For a growing economy, a modest deficit over the course of the cycle is "prudent", provided that longer-term liabilities such as pensions are taken into account.
"We expect a modest deficit at the end of the year, but it's unrelated to the productions," said Barry Grove, the club's executive producer, adding that fund-raising was up by 17percentthis yearar.
Although both major groups of MGE-derived interneurons express Satb1, our analysis of Satb1-deficient mice revealed a relatively modest deficit of PV+ inhibitory neurons.
It is important to note that if America's unemployment rate were still at its pre-recession level of 4.5%, we would only be facing a modest deficit.
Even during a period of economic expansion, the government can sensibly decide to run a modest deficit in order to finance education, scientific research, and other areas that the private sector refuses to invest in.
This is not the time to worry about a declining surplus or even a modest deficit.
Seen in this light, it had a modest deficit in 2008.
Whereas WAS patients and mice that lack WASP have modest deficits of T cells [18], [32], mice engineered to express waspΔVCA have profoundly decreased numbers of peripheral T cells and severely decreased thymic cellularity with 12-16% of the normal number of thymocytes [33].
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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