A New Baby Boom?
Here is an interesting tidbit of information we recently picked up here at FutureDecisions: The birth rate in 2007 was the highest it has ever been in the history of the United States!
The National Center for Health Statistics tells us that there were 4,317,119 births in the U.S. in 2007 exceeding the previous record set in 1957. Demographers do not expect this number to be exceeded anytime soon, in fact they believe the number will decline as we move forward. They point out that the high birth rate was during a prosperous time and that with the declining economy they expect the birth rate to follow.
Still, we Baby Boomers can no longer lay claim to the most recent “baby boom”, that mantle is now passed on to Gen Y’s and Gen X’ers as these two generations continue to make their mark.
