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America’s birth rate keeps dropping

Births in the US, like almost everywhere else, are on the decline

Conceived notion

New provisional data released yesterday by the CDC outlined another drop in US births, as the total fertility rate fell from 1.66 births per woman in 2022 to 1.62 last year — equivalent to about 3.6 million births, less than any year since 1979, and the lowest rate recorded since tracking began in the 1930s.

America’s fertility rate peaked at ~3.7 births per woman during a baby boom in the late ‘50s so substantial that it became the moniker of an entire generation. It dropped sharply in the 1960s and 70s, before picking back up. In 2007, it reached 2.1 for the last time — the birth rate required for the natural population to replace itself from one generation to the next (theoretically).

And, America’s not alone in its baby bust.

2024-04-26-2-global-fertility-rates-slumping

On a global scale, fertility is falling fast.

The global rate has roughly halved over the past 50 years to ~2.3 births per woman, and it’s a trend that cuts across cultures, language, and incomes. Just this week, the Korea Times reported that births in South Korea, which has the widest gender pay gap of any OECD country, had dropped below 20,000 in February — the first time that threshold had been breached, despite its government spending ~$280bn on child-rearing incentives. In Italy, there are now 12 deaths for every 7 births in the nation. The population of China, once-famed for its one-child policy, is now also shrinking.

Although throwing money at a fertility shortfall might temper the trend in the short term, it fails to address some of the longer-term factors. Unequal labor divides within households, the rising cost of raising a child, increasing access to contraception, economic insecurity, lowering male fertility rates, and a desire to delay starting a family have all been posited as reasons for the declines.

Related reading: Teen birth rates plunge 78% since peaking in 1991.

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The UAE’s OPEC exit will hit the group in the barrels

After just shy of 60 years in OPEC, its membership even predating its status as a nation-state, the United Arab Emirates yesterday announced its shocking departure from the oil production group, effective May 1, as the knock-on effects of the Iran war continue to play out across the Middle East and the energy landscape.

For context, the UAE produces the third-highest amount of oil in the group, per April data and OPEC’s latest set of annual statistics.

According to the cartel’s 2025 Annual Statistical Bulletin, the OPEC group was collectively exporting some 19 million barrels of crude oil a day last year, with the United Arab Emirates accounting for some 14% of that daily output.

UAExit means UAExit

The nation, whose energy minister told Reuters yesterday that the decision was taken “after a careful look at current and future policies related to level of production” and wasn’t made following discussions with any other country, made up a healthy share of the group’s total confirmed crude oil reserves, as well.

OPEC exports chart
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Of the 12 nations in the core group, which was founded by just five oil superpowers back in September 1960, only two (Iraq and Saudi Arabia) exported more barrels of crude oil daily, pumping out 3.36 million and 6.05 million barrels, respectively, each day to nations around the world.

For its part, the UAE said it will “continue its responsible role by gradually and thoughtfully increasing production, in line with demand and market conditions,” per the official state news agency. Clearly, the nation now wants a little more control of just how much oil it can pump around the world, with the UAE having to eat a large proportion of lost revenues due to its healthy abundance and OPEC restrictions.

According to the cartel’s 2025 Annual Statistical Bulletin, the OPEC group was collectively exporting some 19 million barrels of crude oil a day last year, with the United Arab Emirates accounting for some 14% of that daily output.

UAExit means UAExit

The nation, whose energy minister told Reuters yesterday that the decision was taken “after a careful look at current and future policies related to level of production” and wasn’t made following discussions with any other country, made up a healthy share of the group’s total confirmed crude oil reserves, as well.

OPEC exports chart
Sherwood News

Of the 12 nations in the core group, which was founded by just five oil superpowers back in September 1960, only two (Iraq and Saudi Arabia) exported more barrels of crude oil daily, pumping out 3.36 million and 6.05 million barrels, respectively, each day to nations around the world.

For its part, the UAE said it will “continue its responsible role by gradually and thoughtfully increasing production, in line with demand and market conditions,” per the official state news agency. Clearly, the nation now wants a little more control of just how much oil it can pump around the world, with the UAE having to eat a large proportion of lost revenues due to its healthy abundance and OPEC restrictions.

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