Millennials, GenZs say 'maybe later, baby': US birth rates hit 40-year low

Quick Summary:

The general fertility rate in the US decreased by 3 per cent in 2023, dropping to 54.

According to the report, the decline in births has been observed across various age groups, with a notable drop among younger women.

Experts suggest that factors like financial uncertainties, career priorities, and shifting attitudes toward family planning have contributed to the decreasing birth rate.

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Category: BusinessFinance

Markets: IndiaChinaJapanOmanUnited States

Topics: Societal norms and family planning Declining birth rates Fertility rate decline in the US Fertility decline Gen Z family planning Financial uncertainty and parenthood US National Center for Health Statistics China birth rate 2023 European Union birth decline Immigration and population growth Demographic shifts Millennials and parenthood Delayed motherhood US fertility rate US birth rate Economic impact on birth rates Japan declining birth rate Career priorities and birth rates Global fertility trends Cost of raising children Birth rate in developed nations

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 13:14:53 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27140234

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