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"flagging economy" is a correct and usable phrase in written English.
It refers to an economy that is declining or weak. Example: The government is implementing new policies to try and revive the flagging economy and stimulate growth.
Exact(60)
— The flagging economy came up, of course.
That is a great boost to its flagging economy.
Finally, the flagging economy accounts for another quarter.
But signs are flashing of a flagging economy.
Those policies, which she has helped to create and sustain, have undeniably boosted the flagging economy.
An injection of private investment is needed, he says, to boost the Palestinians' flagging economy.
Instead, he asked people to continue shopping to prop up the flagging economy.
The strife is distracting the government from pressing issues, such as a flagging economy.
Besides a flagging economy, investors appeared unsure about a government-sponsored rescue of the mortgage industry.
The country's flagging economy has driven many of the country's wealthiest residents to move.
Hopes of further stimulus from Chinese authorities to boost the country's flagging economy also helped sentiment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com