Wall Street Journal: “The total fertility rate fell to 1.62 births per woman in 2023, a 2% decline from a year earlier, federal data released Thursday showed. It is the lowest rate recorded since the government began tracking it in the 1930s.”
“The decline reflects a continuing trend as American women navigate economic and social challenges that have prompted some to forgo or delay having children. A confluence of factors are at play. American women are having fewer children, later in life. Women are establishing fulfilling careers and have more access to contraception.”
“At the same time, young people are also more uncertain about their futures and spending more of their income on homeownership, student debt and child care. Some women who wait to have children might have fewer than they would have otherwise for reasons including declining fertility.”
