Fewer babies as US birth rate fails to rebound with economy
The nation’s birth rates last year reached record lows for women in their teens and 20s, a government report shows, leading to the fewest babies in 32 years.In a first-world society, it takes 2.1 live births per woman to maintain a level population. The 1.7 average is an all-time low for the United States. But birth rates have been falling for, well, 200 years.
The provisional report, released Wednesday and based on more than 99% of U.S. birth records, found 3.788 million births last year. It was the fourth year the number of births has fallen, the lowest since 1986 and a surprise to some experts given the improving economy.
The fertility rate of 1.7 births per U.S. woman also fell 2%, meaning the current generation isn’t making enough babies to replace itself. The fertility rate is a hypothetical estimate based on lifetime projections of age-specific birth rates.
Whether more U.S. women are postponing motherhood or forgoing it entirely isn’t yet clear.
However, the decline in only nine years, from 1.93 to 1.7, is precipitous.
Births were down across racial groups, with small declines for Hispanics, whites, blacks and Asians. The number of babies born to native Hawaiian and Pacific Islanders was stable.Some observers of the trend say that the decline can partly be explained by the fact that women who bear children are doing so at an older average age, and that presently childless women will catch up as time passes. But that still does not account for the fact that women are still bearing fewer children than ever, no matter what age they bear them.
The Centers for Disease Control and Prevention report also found:
—Overall, the U.S. birth rate for women ages 15 to 44 was 59 births per 1,000 women, an all-time low.
—Last year, there were 2% fewer births than in 2017.
Demographers have pointed out that some European countries are gripped in a demographic death spiral, where the birth rate is so low that there is no realistic chance of recovery back to the 2.1 sustainment level.
What does America's falling birth rate portend? The WSJ explains (firewalled):
The nation's falling fertility rate underlies many of our most difficult problems. Once a country's fertility rate falls consistently below replacement, its age profile begins to shift. You get more old people than young people. And eventually, as the bloated cohort of old people dies off, population begins to contract. This dual problem—a population that is disproportionately old and shrinking overall—has enormous economic, political and cultural consequences. ...Simply put, a shrinking population means a bleaker, poorer, and less sustainable future.
Low-fertility societies don't innovate because their incentives for consumption tilt overwhelmingly toward health care. They don't invest aggressively because, with the average age skewing higher, capital shifts to preserving and extending life and then begins drawing down. They cannot sustain social-security programs because they don't have enough workers to pay for the retirees. They cannot project power because they lack the money to pay for defense and the military-age manpower to serve in their armed forces.













