Monday, December 30, 2013

The Top 10 Trends of 2013, Part 1

We live in interesting times, and these are the trends that make our times so interesting. Here are five of the Top 10 Trends of 2013 (see tomorrow's post for the next five)...

1. Cities are growing. Between 2010 and 2012, the nation's largest cities (with populations of 50,000 or more) grew 2.1 percent. This was nearly double the 1.1 percent growth elsewhere. During the same time, the USDA reports that nonmetropolitan areas lost population—their first recorded population loss. See City Growth by SizeWhy Metros Are Growing, and Population Change along the Rural-Urban Continuum

2. Minorities now have power. In 2012, Asians, blacks, Hispanics, and other minorities accounted for 37 percent of the nation's population. Rising above the one-third threshold is an important milestone for minorities because of the One-Third Rule: when a segment of the population surpasses one-third of the total, it wields enough economic and political power to change the status quo. See Race and Hispanic Origin, 2012

3. Nuclear families are declining. As young adults postpone marriage and childbearing, the number of married couples with children under age 18 fell from 27 million (24 percent of households) to 25 million (21 percent of households) between 2007 and 2013. Nuclear families are the only household type that is declining. See 2 Million Fewer Nuclear Families

4. Fertility rate is at a record low. The fertility rate continues to set a new record low each time the National Center for Health Statistics issues an updated report. For the 12-month period ending in June 2013, the fertility rate—which is the number of births per 1,000 women aged 15 to 44—fell to 62.7, yet another record low. See Births Stable, Fertility Rate Fell through June 2013

5. Women's earnings are no longer growing. Over the years, the increase in women's earnings has kept families afloat as men's earnings stalled. Since 2010, however, the growth in women's earnings has come to a halt. Consequently, household incomes are stagnant. The $51,017 median household income of 2012 was lower than the $51,892 of 2010 and well below the $55,627 of 2007, after adjusting for inflation. See The End of the Rise in Women's Earnings and Median Household Income in 2012

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