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by dpflan
1123 days ago
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“”” If the recent decline in annual birth rates simply reflects women pushing off having children from their 20s to their 30s, then annual birth rates will eventually rebound and the total number of children the average U.S. woman has over her lifetime will not change. But the decline in annual birth rates since 2007 is consistent with more recent cohorts of women having fewer births. Those cohorts have not completed their childbearing years yet, but the number of births they would have to have at older ages to catch up to the lifetime childbearing rates of earlier cohorts is so large that it seems unlikely they will do so. If the decline in births reflects a (semi)permanent shift in priorities, as opposed to transitory economic or policy factors, the U.S. is likely to see a sustained decline in birth rates and a general decline in fertility for the foreseeable future. This has consequences for projected U.S. economic growth and productivity, as well as the fiscal sustainability of current social insurance programs.
“”” Will have to check back on this in a few years. |
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