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Sunday, February 25, 2018

Calculated Risk: Lawler: "Census: Population Growth Slowed Slightly in 2017: Immigration Uncertainty Clouds Outlook" [feedly]

Moderator note: population growth is a significant component of both GDP, and positive shifts in productivity.



Lawler: "Census: Population Growth Slowed Slightly in 2017: Immigration Uncertainty Clouds Outlook"
http://www.calculatedriskblog.com/2018/02/lawler-census-population-growth-slowed.html

From housing economist Tom Lawler: Census: Population Growth Slowed Slightly in 2017: Immigration Uncertainty Clouds Outlook

At the end of last year the Census Bureau released its estimate of the US population for July 1, 2017 and its updated estimates for previous years (the so-called "Vintage 2017" estimates). As of July 1, 2017 Census estimated that the US resident population totaled 325,719,178, up 2,313,062 (or 0.71%) from the upwardly-revised estimate for July 1, 2016. The estimated population increase for 2017 was slightly lower than the 2,366,096 estimated gain in 2016, reflecting slightly lower estimated births, slightly higher estimated deaths, and slightly lower net international migration. Revised population estimates for previous years mainly reflected revised estimates of net international migration, which were driven by an updated methodology for estimating foreign-born emigration and net native-born migration. Below is a table comparing Vintage 2017 population estimates compared to the Vintage 2015 and the Vintage 2016 estimates. The Vintage "estimates" for the subsequent year reflect near-term projections for each Vintage.

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