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The phrase "a serious decline" is correct and usable in written English.
You can use it to describe a significant decrease in quality, quantity, or value in various contexts, such as economics, health, or performance.
Example: "The company reported a serious decline in sales over the last quarter, prompting concerns about its future viability."
Alternatives: "a significant drop" or "a substantial decrease."
Exact(60)
But by 1994, a serious decline had set in.
In fact, the study documents a serious decline in the job picture for young people.
"I have noticed a serious decline in business since last summer in the States," he said.
This, of course, would entail a serious decline in the United States rate of economic growth.
"But there's been a serious decline in the reporting of disability issues since.
Meanwhile, local cities are facing a serious decline in social vitality, due to rapid ageing and economic deterioration.
In Spain part of the responsibility for the disaster was laid on Farnese, and his popularity underwent a serious decline.
Manufacturing underwent a serious decline beginning in 1979, a result primarily of civil unrest and political instability.
In the past five years, the farming industry has suffered a serious decline (although not only because of BSE).
But the readiness of the public to believe that charities are behaving badly reflects a serious decline in trust.
Indeed, there has been a serious decline in these numbers, directly as a result of schools charging for instrumental lessons.
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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