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

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 13:14:53 (9 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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