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The phrase "economic reality" is correct and usable in written English.
You can use this phrase when referring to an economic situation or problem that is factual or true. For example: "The economic reality of the situation is that unemployment is increasing."
Exact(58)
"There's a new economic reality".
That's an economic reality".
Post-Lehman, economic reality set in.
"This may be our new economic reality".
That maxim endured until economic reality intervened.
"It is the economic reality," he said.
The candidates' economic arguments were disturbingly disconnected from economic reality.
"Government needs to recognize the new economic reality.
And actually it's not a matter of economic reality here.
But behind the agreement is a hard economic reality.
It's just a change based on new economic reality".
Related(20)
economic case
economic effect
economic realization
economic life
socioeconomic reality
economic realism
fiscal reality
economic attainment
social reality
economic truth
economic practice
economic entity
economic pragmatism
economic picture
economic ground
economic experience
economic situation
cost reality
economic context
economic achievement
Write better and faster with AI suggestions while staying true to your unique style.
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