The drop in births intensifies a pre-pandemic trend of decreasing birth rates and fertility rates.
It could slow down the economy in the long term, but it could also result in a delayed baby boom.
The drop continues a pre-pandemic trend of declining birth rates and fertility rates, as childbearing women, many of whom are millennials, delay having children.
Both of these rates decreased by 2% from 2017 to 2018, per the latest CDC data, with the birth rate hitting its lowest in 32 years.
"If we don't have innovations to make raising children either easier or more fun or less costly, we're in big trouble.".
Guillen said he thinks we'll see a higher number of births in 2022 and 2023, which could make preschools fuller.
"Generally, it would be better to have a smoother evolution of pace, but recessions always have their effect," he said. »
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