When the economy experiences a decline, it's often described as sagging markets. However, there are various synonyms to describe this situation. Words like sluggish, drooping, weak, and soft can be used to describe an economic downturn. Other synonyms such as depressed, flagging, unsteady, faltering, and declining can also be used to describe a struggling economy. Furthermore, words like faltering, stagnant, and struggling can be applied to businesses that are facing financial difficulties. Whatever synonym one chooses to use, the underlying meaning is clear: the economy or a business is experiencing a downturn and is struggling to recover.