Brian Shilhavy
Declining birth rates are affecting the economy negatively, and in the midst of this crisis the current administration is making it much worse by deporting a major section of the work force, and a population with high birth rates (Latinos).
And in addition to all this, the U.S. has the highest infant mortality rate among wealthy countries, along with the highest vaccination rates of babies and children in the world.
From MarketWatch
Excerpts:
Americans are having fewer children, and that helps explain why Children’s Place has found itself in bankruptcy court.
Falling birth rates, cautious consumers, competition and $881 million in debt drove the children’s apparel retailer to file for Chapter 11 protection on Sunday. The New Jersey-based chain and shopping-mall fixture cut costs and shook up leadership over the past few years, but annual sales have fallen every year since 2022.
“The children’s wear market is tough because there’s a declining birth rate,” said Neil Saunders, a retail analyst at GlobalData.
“It’s also tough because parents are under pressure and they’re looking to save money, so they’ve trimmed back on volumes or they’re looking for cheaper products.
