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"negative growth" is a correct term in written English and it is used to refer to a decrease in economic activity or a decrease in a particular metric.
For example, "The country experienced negative growth of 10% in GDP last year."
Dictionary
negative growth
noun
The opposite of economic growth; economic decline.
Exact(55)
Rather, they experience "negative growth".
The definition of recession is two quarters of negative growth.
All other business types have experienced static or negative growth.
The economy isn't shrinking; it's experiencing "negative growth".
Portugal, like France, was flat – an improvement on two quarters of 0.6% negative growth.
A recession is defined as two consecutive quarters of negative growth.
Despite two consecutive quarters of negative growth, employment has continued to grow.
You can't go from negative growth to that level of growth in a few months.
We have already experienced four quarters of negative growth, with more to come.
"Contrasting levels of performance in the United Kingdom produced slightly negative growth overall," said Havas.
"If growth can't keep up with population growth it is essentially negative growth", he said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com