Michigan Could See a Major Population Plunge – Here’s Why
It’s always interesting to find out if a state or city is going up or down in population. Now, a new study is out that says Michigan could see a major population plunge.
The study comes from MadeintheUSASurrogacy.com. In it, they state, “Leading economists have been warning for decades that a shrinking population spells significant turmoil for our economy and broader society. This is not a problem exclusive to the United States either – for example, South Korea, a country with one of the lowest fertility rates, is offering new parents cheaper mortgage rates to encourage them to have children (at 1-3% lower than commercial banks), as well as several other initiatives.” They also mention a few other factors that make couples not want to have as many children. One is high inflation. Of course, as the cost of living goes up, it costs more to raise a family. So, some couples are deciding to have smaller families.
So, what are the numbers for Michigan? According to the survey, “on average, couples in Michigan would like to have 1.8 children, which 0.2 lower than the current average of 1.96.” They add that, “While this discrepancy might seem minimal, it signifies a considerable decline when scaled to the state population level.”
Looking at national trends, couples from 43 out of 50 states said they plan to have less children than the current state average. The only couples that didn’t say that came from Illinois, Indiana, Massachusetts, Maryland, New Hampshire, New Mexico and Utah. Also, only couples in New Hampshire and New Mexico said they want to have more children (0.6 and 0.2 more respectively). Finally, couples from Illinois, Indiana, Massachusetts, Maryland and Utah said they plan to have the same number of children as the current state average. The states with the largest expected population plunge were Delaware, Alaska, Idaho, Nebraska and Arizona.