Via Todd Graham on Twitter, this interesting chart of US fertility rates and total live births in the US:
Todd was reacting to an article in Urban Wire about the “baby recession,” or the fact that people are having fewer children and thus spending less money on things like car seats and day care. The point they were making is that small families are “the new normal,” something that has implications for things like new suburban school construction or average home sizes.
Or, as Todd says:
.
@urbaninstitute Or just look at the numbers from@NCHStats. Smaller families is the#newnormal.