U.S. Births Hit Record Low in 2012

63 births per 1,000 women ages 15 to 44 years old


babyU.S. births in 2012 were the lowest ever recorded, at 63 births per 1,000 women ages 15 to 44 years old.

In comparison, birthrates in the U.S. for the year 2007 were at 69 per 1,000 women ages 15 to 44 years old. This is the fifth year in a row that the United State’s birth rate has declined. The birth rate has been steadily declining since the baby boom that took place after World War II, but the rates declined much more quickly due to the Great Recession. The high unemployment rates discouraged young adults from moving away from their parents and starting families. 22% of 18-to-34-year-olds that were surveyed by the Pew Research Center last year said that they were holding off on having children due to the economy. A Pew analysis of U.S. Census data showed that 36% of Millennials ages 18 to 31 were stilling living with their parents, reports CNN Money.

The birth rate data isn’t all bad though.

“Birthrates are stabilizing after years of dropping and dropping and dropping,” Ken Johnson, a demographer with the Carsey Institute at the University of New Hampshire, told The Washington Post. “It’s more evidence the effect of the recession is beginning to wane.”

Article printed from InvestorPlace Media, http://investorplace.com/2013/09/u-s-births-hit-record-low-in-2012/.

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