Demography Briefing: United States
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1 Demography Briefing: United States June 9, 1 Dr. Edward Yardeni eyardeni@ Mali Quintana aquintana@ Please visit our sites at www. blog. thinking outside the box
2 Table Of Contents Table Of Contents US Age Wave 3-7 US Population: Numbers US Population: Characteristics 9-1 US Labor Force 11 US Income Shares 1-13 US Fertility Rate 1 US Median Age 15 June 9, 1 / Demography Briefing: United States www.
3 7 5 Figure 1. AGE COMPOSITION OF LABOR FORCE* (percent) US Age Wave Percent of Labor Force -5 Years & Older (.) 1-3 Year Olds (.) * Oldest and youngest Baby Boomers turned 1 in 19 and 19, respectively. Source: Bureau of Labor Statistics. 5 Figure. THE AGE WAVE 5 Percent by Age: Labor Force 1-3 Population Note: Oldest and youngest Baby Boomers turned 1 in 19 and 19, respectively. Source: Bureau of Labor Statistics. Page 3 / June 9, 1 / Demography Briefing: United States www.
4 Figure 3. US POPULATION BY AGE (millions) US Age Wave & Over Source: US Department of Commerce, Bureau of the Census Page / June 9, 1 / Demography Briefing: United States www.
5 US Age Wave. 1.5 Figure. US POPULATION BY AGE (annual change, millions) & Over Source: US Department of Commerce, Bureau of the Census. -1 Page 5 / June 9, 1 / Demography Briefing: United States www.
6 US Age Wave Figure 5. US POPULATION BY AGE (yearly percent change) & Over Source: US Department of Commerce, Bureau of the Census Page / June 9, 1 / Demography Briefing: United States www.
7 5 Figure. AGE WAVE & INFLATION US Age Wave Age Wave* 3 Inflation Trend** * Percent of labor force 1-3 years old. ** Five-year moving average of yearly percent change in CPI. Source: Bureau of Labor Statistics. Figure 7. AGE WAVE & BOND YIELD Age Wave* 5 Ten-Year Treasury Yield** * Percent of labor force 1-3 years old. ** Five-year moving average of ten-year government bond yield. Source: US Department of Labor, Bureau of Labor Statistics and Board of Governors of the Federal Reserve System. Page 7 / June 9, 1 / Demography Briefing: United States www.
8 Figure. POPULATION (yearly percent change in 1-month avg) US Population: Numbers Civilian Noninstitutional Working-Age Population Total Population Source: US Department of Labor, Bureau of Labor Statistics and US Department of Commerce, Bureau of Economic Analysis Figure 9. HOUSEHOLD FORMATION (millions) year moving average Source: US Department of Commerce, Bureau of the Census.. Page / June 9, 1 / Demography Briefing: United States www.
9 Figure 1. HOUSEHOLD & FAMILY AVERAGE SIZE US Population: Characteristics Persons Per: Family Household Source: Current Population Reports. 7 Figure 11. LIFE EXPECTANCY AT BIRTH: US (years) Source: US National Center for Health Statistics, Vital Statistics of the United States. Page 9 / June 9, 1 / Demography Briefing: United States www.
10 9 Figure 1. MEDIAN AGE AT FIRST MARRIAGE (years) US Population: Characteristics Men Women Source: Current Population Reports. Figure 13. MARRIAGE & DIVORCE (rate per 1 population) Marriages 1 1 Divorces Source: US National Center for Health Statistics, Vital Statistics of the United States. Page 1 / June 9, 1 / Demography Briefing: United States www.
11 75 Figure 1. CIVILIAN LABOR FORCE (as a percent of total labor force) US Labor Force Male Female Source: US Department of Commerce, Bureau of Economic Analysis. 7 5 Figure 15. CIVILIAN LABOR FORCE PARTICIPATION RATE* (percent) Total 7 5 Male Component* Female Component* * Labor force divided by noninstitutional working-age population. Male and female components are persons that are 1 years and older. Source: US Department of Commerce, Bureau of Economic Analysis. Page 11 / June 9, 1 / Demography Briefing: United States www.
12 Figure 1. MEAN INCOME OF HOUSEHOLDS BY AGE OF HEAD (thousands of 1 dollars) US Income Shares Latest data thru: All* * Includes 15- year olds. Source: Bureau of the Census, Income Statistics Branch, unpublished data Figure 17. NUMBER OF HOUSEHOLDS BY AGE OF HEAD (millions) Latest data thru: 17 Under Source: Bureau of the Census, Income Statistics Branch, unpublished data. Page 1 / June 9, 1 / Demography Briefing: United States www.
13 Figure 1. US Income Shares AGGREGATE MONEY INCOME BY AGE OF HOUSEHOLD* (billions of 1 dollars) Latest data thru: Under * Mean income times number of households. Source: Bureau of the Census, Income Statistics Branch, unpublished data. Figure 19. AGGREGATE MONEY INCOME BY AGE OF HOUSEHOLD HEAD* (as a percent of total money income) Latest data thru: Under * Mean income in 13 dollars times number of households. Source: Bureau of the Census, Income Statistics Branch, unpublished data. Page 13 / June 9, 1 / Demography Briefing: United States www.
14 . Figure. US FERTILITY RATE (births per 1 women) US Fertility Rate Source: National Center for Health Statistics and Haver Analytics. 1. Page 1 / June 9, 1 / Demography Briefing: United States www.
15 US Median Age Figure 1. US MEDIAN AGE OF POPULATION (years) Source: United Nations and Haver Analytics. Page 15 / June 9, 1 / Demography Briefing: United States www.
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