500,000 Reasons Why Millennials Are Having Fewer Babies
In the US, the average age of a first-time mother is now over 26 years old, up from 21.4 years-old in 1970.
Through 2008-2013, the birth rate declined each year, likely the result of the financial crisis and its aftermath. Furthermore, as Goldman's Taposh Bari notes, amid the decline in births since the beginning of the Great Recession, one thing that stands out is that the decline in births has come from the youngest mothers – women under 25 years of age.