---
title: "Changing Tides: Americans Are Aging, Having Fewer Kids"
url: https://burnaze.com/article/c8ba0f2f-19a9-48c0-b543-27bb148615a0
source: "1851 Franchise"
original_url: https://1851franchise.com/changing-tides-americans-are-aging-having-fewer-kids-2710080
category: "General"
published: 2019-05-29T00:19:46.000Z
modified: 2026-11-01T02:30:09.170Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/515250e90f80caa6b9225aeb2d69f74974.jpg
---

# Changing Tides: Americans Are Aging, Having Fewer Kids

**TL;DR:** The US population is aging and Millennials are having fewer kids, posing economic challenges for the country, including a shrinking workforce and lower returns. Home care services for seniors are expected to continue growing amid this trend.

*originally published in 1851 Franchise on 2019-05-29. [Read the original](https://1851franchise.com/changing-tides-americans-are-aging-having-fewer-kids-2710080).*

## Story

“America's population is aging and Millennials are having fewer kids than older generations did,” according to an article on CNN Business .

According to David Kelly, chief global strategist with JPMorgan Funds, “the longer-term risk of slowing population growth ‘poses particular economic challenges,’” the article said.

“Kelly said that the combination of retiring boomers and a shortage of working-age Americans creates a problem that is ‘particularly awkward for the economy.’ He added that this trend should ‘persist throughout the 2020s,’” the article said.

The article listed decreasing “home building and auto sales,” a slowing of “earnings growth” and “returns in general to be lower” as probable effects. Other anticipated effects include a shrinking workforce and a compensatory increase in automation, the article said.

The one segment that stands to continue growing amid funneling population ages and the so-called ‘ silver tsunami ’? Home care services for seniors.

Katie LaTour is a staff writer for 1851 Franchise and Estatenvy. She has experience in copywriting, editing and translation, and has written content for brands including Coca-Cola, Ivivva and Ray Ban's. She holds a Master of Arts in Writing and Publishing from DePaul University and a B.A. in English and Spanish from the University of Dayton. Presently, Katie is working on a poetry collection and building a platform for Chicago creative professionals to share best practices.

## Entities

- 1851 Franchise (publication)
- General (sector)
- Coke (company)
- home care services (topic)
- J.P. Morgan (company)
- aging population (topic)
- population growth (topic)
- economic challenges (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/changing-tides-americans-are-aging-having-fewer-kids-2710080). Summarized by Burnaze (https://burnaze.com/article/c8ba0f2f-19a9-48c0-b543-27bb148615a0).