U.S. birth rate hits all-time low due to weak economic recovery: “The American Dream is … OK, we go to school, we graduate, we get good jobs, we buy a house, we have kids,” … “And it’s just like none of that has happened.”
July 10th, 2013
Baby bust? National birthrate hits an all-time low due to weak economic recovery
During the recession, the birthrate dropped after a high in 2007
The recession has been officially over for four years
The birthrate hit an all-time low in 2011 and stayed there in 2012
Economic uncertainty coupled with a general trend towards fewer births means there may not be a bounce-back in birthrates
The recession has been over for four years, but the birth rate in the U.S. continues to fall as many people struggle with a sluggish economy and financial uncertainty.
According to a recent analysis by the Pew Institute, since 2007 when there were a record 4,316,233 births, the number of births has been steadily declining, with 4,007,000 births in 2012 – the lowest number since 1998.
Analysts say that the birthrate is dictated by the economy.