If it's what I think it is, it's normal. When you decelerate and take your foot off the gas for an extended period of time, the engine computer (PCM) will actually turn off the fuel injectors. GM used to call this "DFCO" mode or "Decel Fuel Cut Off." I don't know if Ford has a similar terminology or not.
Anyway, the PCM will only let engine RPM fall to a certain point before turning the injectors back on so as to prevent stalling and instability. This usually happens at fairly low RPM, perhaps ~1200RPM or so. When the engine gets fuel again, it "wakes up" and some of the pure compression braking effect is lost. This can feel like a bit of a "slip" or "jump" and it's normal.