Wednesday, October 12, 2011

In the News: Americans are Having Fewer Babies

My husband and I have been married for over four years, and we've been asked on more than one occasion when we're planning to start a family. Some parents have advised us not to wait, that there's no planning for it and that there will never be enough money.

But new data shows that many Americans are taking their finances into account before expanding their families. In 2007, 4,316,233 babies were born in the United States, the highest number on record. In 2010, that number fell to just over 4 million.

This isn't the first time that the economy has taken a toll on birth rates. Fertility rates also fell during the Great Depression and the oil crisis of the 1970s.

Demographer Carl Haub says that Americans still want children; they're just waiting for more prosperous times.

Has the state of the economy affected your plans for a family (now or in the past)?

1 comment:

  1. Not me personally but one of my close friends waited until she was in her late 30's to start having children. She was unable to get pregnant and was told that one of the reasons may have been because she waited so long. She waited because her husband pressured her until they were both more financially stable. Sadly, it is now too late. She has become severely depressed because of it. My advice is not to wait! You will make it work! Children don't need lots of money and high end clothes to be happy. They just need a loving, happy household.

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