Fertility and Marriage Declines
JESSE POWELL writes:
The National Center for Health Statistics recently released the Final Birth Data for 2008 and the Preliminary Birth Data for 2009. The most important news from these reports is that the economic crisis appears to have caused a period of social stress. This period is in some ways similar to the time from 1994 to 2003 when the growth in out-of-wedlock births radically slowed. Looking back on those years, which I earlier dubbed the “cultural conservative revival,” I have discovered that while it is true the growth in the out-of-wedlock ratio slowed markedly during that period, it is also true that the decline in the proportion of women of childbearing age who were married accelerated. Risk aversion, not a renewal of the traditional family, appears to explain both this increased preference for having children within marriage and reluctance to marry. (more…)

