Monday, August 30, 2010

The Great Recession baby bust: By the numbers



The U.S. birth rate hit a 100-year low last year — and experts say that our inauspicious economy is to blame

More people are postponing having children until the economy recovers.

The number of babies born in the U.S. dropped an estimated 2.6 percent in 2009, following a 2 percent dip in 2008, and 2009's birth rate dropped to the lowest level in at least a century. That's no coincidence, says Johns Hopkins sociologist Andrew Cherlin. "The birth rate is falling because of the Great Recession," he says. "When people are unsure of their financial future, they tend to postpone having children" — or even getting married. Federal health officialstentatively agree with Cherlin, but say more data is needed. Here's a by-the-numbers look at the Great Recession's baby bust:
$221,000
Estimated cost of raising a child from birth to age 17
13.5U.S. births per 1,000 people in 2009 (4,136,000 total)
13.9
U.S. births per 1,000 people in 2008 (4,247,000 total)
14.3
U.S. births per 1,000 people in
2007, a post-baby-boom high (4,251,095 total)

25.3
U.S. births per 1,000 people in 1957 (4,300,000 total)
30.1
U.S. births per 1,000 people in 1910 (2,777,000 total)
2.6
Percent drop in U.S. birth rate in 2009
4
Percent drop in California birth rate in 2009 (530,659 babies born)
3
Percent drop in Vermont birth rate in 2009 (6,118 babies born)
2.1Fertility rate (children per woman) needed to replace U.S. population
2
U.S. fertility rate in 2009 (est.)
2.8
U.S. fertility rate in 1928 (right before the Great Depression)
2
U.S. fertility rate during the 1930s Depression
1.7
U.S. fertility rate in 1976 at end of 1973-76 recession (record U.S. low)
2.6
India's fertility rate
1.4
Germany's fertility rate
1.34
Japan's fertility rate
0.94
Taiwan's fertility rate
6.8 / 3.4U.S. marriages/divorces per 1,000 people in 2009
7.1 / 3.5
U.S. marriages /divorces per 1,000 people in 2008
7.3 / 3.6
U.S. marriages / divorces per 1,000 people in 2007

No comments:

Post a Comment