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American Population Growing at Slowest Rate Since before the Baby Boom

economics, human capital, news, US population No comments

By Anna Dorminey, Staff

Reuters reports:

The population of the United States is growing at its slowest rate in more than 70 years, the U.S. Census Bureau said on Wednesday.The country’s population increased by an estimated 2.8 million to 311.6 million from April 1, 2010, to July 1, 2011. The growth rate of 0.92 percent was the lowest since the mid-1940s. “The nation’s overall growth rate is now at its lowest point since before the Baby Boom,” Census Bureau Director Robert Groves said in a statement. Texas gained more people than any other state in the 15-month period, at 529,000, followed by California at 438,000, Florida at 256,000, Georgia at 128,000, and North Carolina at 121,000, according to the latest Census estimates. These five states accounted for more than half of the total U.S. population growth, the bureau said.

To read the full report, click here. Also, be sure to read the MARRI report “Decline of Economic Growth: Human Capital and Population Change” for more on the implications of the decline in population growth and human capital generation.

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