The Congressional Budget Office (CBO) projects a significant slowdown in US population growth over the next three decades, citing declining birth rates and reduced immigration. The CBO estimates a population of 372 million by 2055, a 2.8% decrease from last year's projection.
The Congressional Budget Office (CBO) has significantly reduced its projections for the U.S. population in the next 30 years, predicting 372 million residents by 2055. This represents a 2.8% decline from last year's estimate of 383 million. The CBO attributes this downward shift primarily to declining birth rates and reduced immigration. The agency forecasts that the U.S. population will grow at an average rate of 0.4% per year over the next decade.
However, this growth will slow down to an average of 0.1% between 2036 and 2055. This projected growth rate of 0.2% over the next three decades is significantly lower than the rate observed between 1975 and 2024. Without immigration, the U.S. population is projected to begin shrinking in 2033 due to persistently low fertility rates, which are insufficient to sustain generational replacement.The CBO's reduced projections stem from a decline in anticipated fertility rates over the next 30 years, from 1.70 births per woman to 1.60 births per woman. Additionally, immigration is anticipated to be lower, partly influenced by an executive order that temporarily suspends asylum processing at the border when U.S. officials deem themselves overwhelmed. The CBO emphasizes that a sustained replacement rate of 2.1 births per woman is necessary to maintain a stable population. The CBO releases these population projections annually to inform federal budget decisions, economic forecasting, and estimations of Social Security payroll taxes and benefits. Population projections consider both resident population and U.S. citizens residing abroad who are eligible for benefits, while the U.S. Census Bureau focuses solely on the resident population
Population Growth Immigration Fertility Rates Congressional Budget Office US Economy
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global Population Exceeds 8 Billion as US Population Growth SlowsThe world population surpassed 8 billion in 2024, driven by births exceeding deaths. The US population also grew, but at a slower rate compared to the previous decade. The US is expected to add one person every 21.2 seconds due to births, deaths and migration.
Read more »
World Population Growth Slows, US Population Continues to RiseThe U.S. Census Bureau reports that global population growth slowed slightly in 2024, but the U.S. population continues to increase. The report also highlights the need for stronger protections against political interference and increased funding for U.S. statistical agencies.
Read more »
World Population Crosses 8 Billion, US Sees Steady GrowthThe global population surpassed 8 billion in 2024, with the US experiencing consistent growth. Births continue to outpace deaths, while international migration contributes to population increases.
Read more »
World Population Reaches 8.09 Billion, US Growth ContinuesThe US Census Bureau projects a global population of 8.09 billion by the start of 2025, a slight decrease in growth rate compared to 2023. The US population is also growing, reaching 341 million by New Year's Day.
Read more »
World Population Surpasses 8 Billion as Growth SlowsThe global population reached a new milestone of 8 billion people in 2024, marking a slight slowdown in growth compared to the previous year. The U.S. Census Bureau projects continued population increase driven by births and immigration.
Read more »
Texas Population Surpasses 31 Million, Leading U.S. in GrowthTexas has added more residents than any other US state, reaching a population of over 31 million. While growth has slowed compared to the previous year, the state's 1.8% increase is still the third-highest nationally. International migration is a key factor, with Texas welcoming 319,569 new residents from abroad. Domestic migration to Texas has also slowed, with fewer people moving from other states compared to the pandemic era.
Read more »