na-adjective, noun
sluggish; inactive; low-key; weak
Describes a lack of energy, activity, or momentum in a situation, market, mood, or performance. Often used in economic and news reporting.
今日の株式市場は低調な動きだった。
The stock market was sluggish today.
会議の雰囲気は低調で、活発な意見は出なかった。
The atmosphere of the meeting was subdued, and no lively opinions were offered.