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Discover LudwigThe phrase "drying up" is correct and can be used in written English.
It means to gradually disappear or come to an end. Example: The funds for the project are drying up, so we need to find alternative sources of funding.
Dictionary
drying up
verb
Present participle of dry up
Exact(59)
"Aid money is drying up".
Is the characterometer drying up?
Funding is drying up for cholera response.
Those discretionary dollars are just drying up".
And the supply is drying up".
Civil society finance is drying up too.
"I'm drying up right now," he croaks.
Hedge fund money is drying up?
"Then things started drying up," he said.
Now it is drying up altogether.
Fraternal organizations are drying up all around the country.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com