Fertility Rate, Total for the United States
SPDYNTFRTINUSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.62
Year-over-Year Change
-14.67%
Date Range
1/1/1960 - 1/1/2023
Summary
The Total Fertility Rate (TFR) measures the average number of children a woman would have over her lifetime if she experienced the current age-specific fertility rates throughout her childbearing years.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Total Fertility Rate is a key indicator of demographic trends and population dynamics. It provides insights into population replacement, growth, and aging, all of which have significant economic and policy implications.
Methodology
The TFR is calculated by the World Bank using data on age-specific fertility rates from national statistical agencies.
Historical Context
Policymakers and economists monitor the TFR to understand population changes and their economic and social consequences.
Key Facts
- The U.S. TFR in 2020 was 1.64, below the replacement level of 2.1.
- Declining fertility rates can lead to population aging and economic challenges.
- TFR varies significantly by country, with high-income nations generally having lower rates.
FAQs
Q: What does this economic trend measure?
A: The Total Fertility Rate (TFR) measures the average number of children a woman would have over her lifetime based on current age-specific fertility rates.
Q: Why is this trend relevant for users or analysts?
A: The TFR provides important insights into population dynamics and demographic trends, which have significant economic and policy implications.
Q: How is this data collected or calculated?
A: The TFR is calculated by the World Bank using data on age-specific fertility rates from national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the TFR to understand population changes and their economic and social consequences, informing policy decisions.
Q: Are there update delays or limitations?
A: The TFR data is typically updated annually, with some potential for delays in data reporting from national sources.
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Citation
U.S. Federal Reserve, Fertility Rate, Total for the United States (SPDYNTFRTINUSA), retrieved from FRED.