economic slump; economic stagnation
Refers to a period of slow or no economic growth, often used in news and business contexts.
If the economic slump continues, the unemployment rate will rise.
The government announced measures to overcome the economic stagnation.
不況 is a more common and general term for 'recession' or 'depression', while 景気停滞 specifically emphasizes the stagnation or sluggishness of the economy.
景気後退 means 'economic downturn' or 'recession', often implying a decline, whereas 景気停滞 focuses on a lack of growth or standstill.
Compound of 景気 (economic conditions) and 停滞 (stagnation).