Tag Archives: US demographics

Internal migration patterns could have far-reaching political consequences in coming elections.One salient feature of the US since its foundation has been the dynamism of internal migration. In recent decades, the trend has mostly been one of southern and western tropism, with an outflow of population from the north (the northeast in particular), to the south and west of the country.This trend seems to have amplified since the 2008 financial crisis. And data for this year suggests a further...

Household formation trends mean the housing sector is unlikely to make a meaningful contribution to US GDP.The recently released Census Bureau’s Annual Social and Economic Supplement (ASEC) brought sobering news for the US housing market: new household formation slowed significantly, to 405,000 in 2016, the lowest level since 2009 (+357,000), compared with 1,232,000 in 2015. In other terms, the number of households grew only 0.3% last year, compared with +1.0% in 2015.In general, household...