Global downturn (2007–2009)
New CDC data shows the U.S. fertility rate fell to a historic low of 53.1 births per 1,000 women in 2025, a 7% decline from 2024. The total number of births dropped slightly to 3.6 million. Experts link the decline to delayed childbearing and economic factors, with younger Americans having fewer children.
New studies and reports show fertility rates falling globally, with India and China posting notable declines. Experts warn aging populations and policy responses will shape the coming decades. The US sees infant mortality trends stabilize, while debates on contraception, childcare, and housing costs continue.
Fed Chair Kevin Warsh has announced five task forces to reexamine core Federal Reserve practices, including communications, data, the balance sheet, productivity and AI's impact on jobs. The panels are led by a mix of academics, former central bankers and business leaders and are expected to report by year-end.