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April 23, 2014

Economy Drags Down Population Growth

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Economy Drags Down Population Growth

Although the Great Recession has ended, a new Census Bureau report says the impact of the economic slump will play out in demographic patterns for decades to come.

The down economy and poor jobs market of recent years stifled immigration and new births — which, in turn, will mean a grayer and smaller population of Americans by 2050 than was projected four years ago. Some 399.8 million people are expected to inhabit the country by then, 39 million fewer than earlier estimations during the 2008 recession.

The United States population now is not expected to top 400 million until 2051, a full dozen years later than previously believed. While growth is slowing, Population Reference Bureau demographer Mark Mather is not worried about a decline in U.S. residents.

Source: “Economy Drags Down Population Growth,” USA Today (Dec. 13, 2012)

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