Forget the Dow and the GDP. Here's the latest economic indicator: The U.S. birthrate has fallen to its lowest level in at least a century as many people apparently decided they couldn't afford more mouths to feed.
The birthrate dropped for the second year in a row since the recession began in 2007. Births fell 2.6 percent last year even as the population grew, numbers released Friday by the National Center for Health Statistics show.
"It's a good-sized decline for one year. Every month is showing a decline from the year before," said Stephanie Ventura, the demographer who oversaw the report.
The birthrate, which takes into account changes in the population, fell to 13.5 births for every 1,000 people last year. That's down from 14.3 in 2007 and way down from 30 in 1909, when it was common for people to have big families. ..........(more)
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http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/08/28/MNRK1F4FG8.DTL#ixzz0xu8gLxvq