Ultimate Indicator Shows US Never Recovered From The ’08 Great Financial Crisis
by Chris Hamilton via Econimica blog,
ZeroHedge.com
Tue, 03/20/2018
The ultimate indicator of personal economic confidence is the determination to perpetuate the species and have children. The chart below shows annual US births from 1910 through 2017 and it is estimated there were 3.84 million births in 2017, nearly a hundred thousand fewer than in 2016.
The 2017 figure is also nearly a half million fewer than the late 1950’s baby boom era peak and likewise below the subsequent mid 2000’s double peak. The 2017 figure is also nearly six hundred thousand below the Census estimates provided as recently as 2000 and 2008.
To offer some perspective, the chart below shows annual births versus total US population…despite the total population nearly doubling since 1957, the US had 11% fewer children in 2017 than 1957…or 2007.
The Rest…HERE