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A growing number of countries are confronting the dual challenges of population decline and aging, as younger generations opt to have fewer children and advances in healthcare extend life expectancy.
The New York metropolitan area, broadly referred to as the Tri-State area and often also called Greater New York, is the largest metropolitan economy in the world, with a gross metropolitan product of over US$2.6 trillion, [10] and the largest metropolitan area in the world by urban landmass, [11] [12] [13] encompassing 4,669.0 sq mi (12,093 km ...
The area encompassing New York, Newark and Jersey City, unsurprisingly, is tops with just under 19.5 million people. The greater Los Angeles area has 12.8 million and Chicago boasts 9.3 million.
Map of countries by fertility rate (2023), according to the Population Reference Bureau But after 1968 the global population growth rate started a long decline, and in the period 2022–2027 the UN estimates it to be about 0.9%, [ 2 ] less than half of its peak during the period 1962 – 1968.
One theory of shrinking cities is deindustrialization or, the process of disinvestment from industrial urban centers. [12] This theory of shrinking cities is mainly focused on post-World War II Europe as manufacturing declined in Western Europe and increased in the United States, causing a shift of global economic power to the United States. [13]
Roughly half of all Americans live in the middle class, according to a 2021 study by the Pew Research Center, yet even the middle class has significantly shrunk -- around 11% since 1971. And while ...
The New York Times reported on June 10, 2020, that "the United States budget deficit grew to a record $1.88 trillion for the first eight months of this fiscal year." [130] The US economy recovered from the COVID-19 pandemic in 2021, growing by 5.7%, which was its best performance since Ronald Reagan's presidency (1981–1989). [131]
(The Center Square) — New York's population could decline by more than 2 million people over the next 25 years as fewer people are born in the state and more people move out, according to a new ...