A new study links recession with declining birth rates! Are women putting off having kids because of the economy?
The Pew Research Center reports that births in the U.S. have dropped to the lowest number since 2004.
In 2007, birth rates were at a record high: 4,316,233. Since then, the economy’s been in recession and births have been declining.
In 48 out of 51 states — that’s including the District of Columbia — birth rates dropped within one to two years after the recession began. This doesn’t prove that changes in the economy equal fertility changes, but the timing is consistent with the time people would take to make decisions about having a child.
Experts suggested that this fertility decline is a postponement of having kids rather than a decision to have less children. The reports said people will likely start having more children once the economy picks up. In fact, birth rates have historically dropped during economic declines — it happened during both the Great Depression and the early ’70s.
What do YOU think? Would you (or have you) put off having children because of the economy?