state of affairs, situation, conditions, circumstances
不況【ふきょう】
depression, recession, slump
市況【しきょう】
market conditions
実況【じっきょう】
actual state (of things), real state, actual condition, real condition, actual scene, live, on-the-scene, reporting live, live coverage, live broadcasting, Let's Play (YouTube, etc. playthrough of a video game)