Demography Unplugged

Demography Unplugged

Share this post

Demography Unplugged
Demography Unplugged
America’s Baby Bust Just Got Worse: The CDC’s Surprise 2024 Downgrade
NewsWire

America’s Baby Bust Just Got Worse: The CDC’s Surprise 2024 Downgrade

Neil Howe's avatar
Christian Ford's avatar
Neil Howe
and
Christian Ford
Aug 28, 2025
∙ Paid
8

Share this post

Demography Unplugged
Demography Unplugged
America’s Baby Bust Just Got Worse: The CDC’s Surprise 2024 Downgrade
1
Share

Last month, we released our 2025 US Demography Review, citing the CDC’s provisional 2024 total fertility rate (TFR) of 1.627. Typically, the early reading barely budges. But soon after our review, the CDC published its 2024 birth data and dropped a surprise: The TFR was revised downward to 1.5991. The change flips 2024 from a mild rebound year to the lowest US fertility rate ever recorded.

So, what happened? The population denominator was flawed and still hasn’t been fully corrected. (FYI, we first questioned the accuracy of the data back in November. See “By the Numbers: Fertility Around the World.”)

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Hedgeye Risk Management, LLC
Substack's Privacy, Terms and Information Collection Notice
Demography Unplugged's Privacy and Terms
Start writingGet the app
Substack is the home for great culture

Share