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The phrase "are flat to down" is correct and usable in written English.
It is typically used in financial or market contexts to describe a situation where values or prices are stable or decreasing.
Example: "The stock prices for the company are flat to down this quarter, indicating a lack of growth."
Alternatives: "remain steady to lower" or "are stable to declining".
Exact(7)
"EBay's margins are flat on the year, Google's are flat to down on the year, and Yahoo's margins are flat to down," Mr. Mahaney said.
The Equine Injury Database shows that thoroughbred fatal injuries are flat to down over the past three years, and we are working to see that the trend continues.
Nationwide, charities are reporting that donations are flat to down sharply, especially for organizations that rely on gifts of appreciated stock.
Transactions continue to grow even though revenues are flat to down.
Revenue lines are flat to down, and net interest margins on loans stay flattish.
There's no growth in loans outstanding, net interest margins are flat to down and re-regulation is a costly albatross around their necks.
Similar(53)
It said it expected first-quarter 2011 same-store sales to be flat to down 2 percent.
For the last five quarters, profits have been flat to down in the context of a Goldilocks economy.
There may be some increase in the second half of this year, but next year spending will be flat to down.
"The increase was small, but the prediction direction was flat to down".
Over all, bonuses are expected to be flat to down 15percentt, according to compensation experts and Wall Street executives.
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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