December 28, 2021
The Census Bureau released estimates that show the US population only grew by 0.1% between July 1, 2020, and July 1, 2021. The actual number translates to 392,665 people. To put it into perspective: it’s the lowest rate since the nation’s founding. And the first time since 1937 that the population grew by fewer than 1 million.
The US Census Bureau says COVID-19’s partly to blame but also we saw increasing mortality and less international migration. Deaths from an aging population and drop in fertility rates also played a role. A Census Bureau official said “population growth has been slowing for years.” Concerning, because it could affect our labor force down the road.
Read the Census Bureau report here.
