With everyone locked up in their homes around this time last year, many scientists who study population demographics predicted a subsequent “baby boom”. This, however, does not seem to have been the case. The latest data from Europe suggests advanced economies are almost certainly in for the opposite—a baby bust.
Data from Spain estimates the number of babies born between December 2020 and January 2021 was down roughly 20% from the same time the year before. Data from Italy shows a similar pattern. Italy and Spain already have some of the lowest fertility rates in the world – well below the so-called “replacement rate” - and it is not hard to imagine why potential parents may have put off the enormous responsibility of having children over the past year. (Chart from Chartr.co)
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Womack Investment Advisers, Inc.
WOMACK INVESTMENT ADVISERS, INC.
Oklahoma / Main Office: 1366 E. 15th Street - Edmond, OK 73013
California Office: 4660 La Jolla Village Dr., Ste. 100 - San Diego, CA 92122
Phone (405) 340-1717 - Toll Free (877) 340-1717
Website: www.womackadvisers.com
Womack Investment Advisers, Inc. (WIA) is a registered investment adviser whose principal office is located in Oklahoma. Womack Investment Advisers, Inc. is also registered in the State of California, the State of Illinois, the State of Indiana, and the State of Texas. WIA only transacts business in sates where it is properly registered, or excluded, or exempted from registration requirements.
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