Babies are not being born here like they used to be.
Normally a strong economy and booming births go hand in hand, but that’s not the case now. The U.S. fertility rate is the lowest in 40 years and the decline is sharpest for minority women. The Centers for Disease Control reports last year's three-point-85 million births reflect a fertility rate of about one-point-76 births per woman.
Those figures are steep fall-offs from 2007 when more than four-point-three million babies were born and the fertility rate was nearly two-point-one. Figures the CDC released yesterday show declines in fertility rates for all women, but the biggest declines are among Hispanic, Native American or Alaska Native, and African American women.
Here’s the crazy part; the one sector of U.S. women who are having more babies are those in their early 40’s! Only 7-percent of teens are delivering kids. It turns out that Millennials are using more long term contraception and holding off on having a baby or two until later in life. Source: Fortune