Recession Brings Fewer Birthstoddler-times
Parents aren’t all that willing to create yet another mouth to feed during these lean economic times. So concludes the Pew Research Center after analyzing U.S. state fertility and economic data from the past few years.
While 2007 brought the highest birth rate in two decades, obstetricians saw a decrease in business when 2008 rolled around. After poring through local data from 25 states, researchers discovered that the number of births declined or leveled off in 2008–1.6%, or 40,000 less than the previous year.
Clearly financial anxiety must have a lot to do with it. Did you want a child but postponed it until the economy gets better?