Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

U.S. Population Grows at Lowest Rate on Record During Pandemic

Published 21/12/2021, 16:54
Updated 21/12/2021, 16:54
© Bloomberg. Pedestrians pass in front of the Oculus transportation hub in New York, on Feb. 26, 2020. Photographer: Michael Nagle/Bloomberg

(Bloomberg) -- The U.S. population grew at the slowest rate on record in 2021 as slowing migration, an aging population and low birth rates were exacerbated by the Covid pandemic, U.S. Census Bureau data released Tuesday show. 

The population expanded by just 0.1% or 392,665 people this year, a smaller increase than during the influenza pandemic and World War I in the early years of the last century. It’s also the first time since 1937 that the population has expanded by less than 1 million. 

Washington and New York were among the regions with the biggest drop in people while Idaho, Utah and surrounding states gained the most, the data show. 

While declining population growth rates have been a trend in the U.S. for years now amid longer-term dynamics like the aging population and lower birth rates, the pandemic played a role. More than 800,000 Americans have died from Covid-19 since the pandemic began in 2020. Migration trends were also lower in 2021, with the pandemic restraining international travel.

©2021 Bloomberg L.P.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.