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The phrase "poor economic condition" is grammatically correct and can be used in written English.
Example: The country's poor economic condition has led to high unemployment rates and widespread poverty.
Exact(12)
The auto industry, in poor economic condition, resisted this change.
Meanwhile, according to the testimony of NK defectors, most of North Koreans have just 1 or 2 clothing for poor economic condition, so they usually wear same clothes every day (Rhee et al. 1997a, b).
If there is more income and the family's economic condition is good, then people want to have a second child even if the firstborn is a boy; if the family is in poor economic condition, for whom the "one child is still unaffordable," the couple will no longer want to have a second child.
Some years ago, I went to settle the marriage of my daughter, but the members of the bridegroom's family refused my proposal, due to my poor economic condition.
These factors are responsible for greater morbidity as a result of poor economic condition.
The greater morbidity across exposed and unexposed groups, as a result of poor economic condition can be explained on the basis of understanding the ' process' that leads to poor economic condition (20).
Similar(48)
Highly transparent democracies survive, even under poor economic conditions.
The Bank of Korea also noted poor economic conditions abroad and declining profits.
Their main concern was the poor economic conditions of the farmers.
Still, some advocates said poor economic conditions could actually make it easier to raise private financing.
Executives attributed the loss to poor economic conditions in Europe and delays in purchasing decisions by customers.
More suggestions(16)
poor socioeconomic condition
poor fiscal condition
poor social condition
deprived economic condition
poor general condition
poor economic climate
poor economic backdrop
poor economic timing
poor economic news
poor economic policy
poor physical condition
poor economic growth
poor economic position
poor economic shape
poor clinical condition
poor economic environment
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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