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The American Slowdown

The US fertility rate of 2.1 is the highest among wealthy nations — but it's still below the 2.1 replacement level. This crowd produces 420 babies per year.

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The US fertility rate fell to 1.62 in 2023 — below replacement for the first time in decades. America has long been the outlier among wealthy nations, sustaining near-replacement rates through immigration and higher rates among certain communities. That buffer is now gone. Without sustained immigration, the US faces the same demographic pressure it once watched from a comfortable distance.

See also: The Marriage Crisis No One Wants to Name