"equivalent of progress" is a grammatically correct phrase and can be used in written English
It is often used to refer to something that serves as a substitute or measure for progress. Example sentence: In this organization, increased revenue is seen as the equivalent of progress, rather than overall growth or development.
The video game industry has only been around since the early 70s – that's the equivalent of progressing from the earliest written languages to the Kindle in 40 years.
And though Mr. Obama craves high grades from the electorate and from history, he is in a virtual dead heat with Mr. Romney in national polls, the political equivalent of school progress reports.
The results are reported as difference in mean score (regression coefficient) and converted into the equivalent of the progress one would expect over a month in a child of this age.
The 113th US Open has the hallmark of a tournament where standing still is equivalent to progress.
Furthermore responses in Figure 3 may be viewed as being equivalent to progress in a whole generation (with generation interval, L, of 4.3 years).
That is true of most field events, the equivalent of crafts, where progress can seem microscopically incremental.
Rather, it has become equivalent to the notion of progress in the postwar decades.
Burnett et al. (2005) proposed a "measure of progress" equivalent to the percent reduction in the RR of adverse health outcomes attributable to reductions in ambient air pollutant concentrations.
After a year they saw a small increase in children's maths test scores compared with pupils in other schools which was roughly equivalent to one additional month of progress over the academic year.
Pupils made the equivalent of four months' additional progress, but those who took part in a version with a greater focus on language comprehension made six months' progress.
