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US on pace for slowest population growth since Spanish Flu and economic impact is already evident

comments The United States is on pace for the slowest population growth in a century amid the coronavirus pandemic, according to analysts, and economists worry it will hamper economic recovery. The number of American residents is expected to increase by just 700,000, or about 0.2%, in 2020, according to Moody s Analytics. That would put the country on its slowest pace since 1918, when the country faced a Spanish Flu pandemic and World War I, according to USA Today. Advertisement: The trend could make the economy less dynamic, Moody s chief economist Mark Zandi told the outlet. Fewer people means fewer homes (purchased), fewer cars, fewer vacations.

US Population Growth Falls to Lowest in a Century Amid Pandemic Fallout

US Population Growth Falls to Lowest in a Century Amid Pandemic Fallout People walk with a child on December 17, 2020, in New York City. Alexi Rosenfeld / Getty Images The United States is on pace for the slowest population growth in a century amid the coronavirus pandemic, according to analysts, and economists worry it will hamper economic recovery. The number of American residents is expected to increase by just 700,000, or about 0.2%, in 2020, according to Moody’s Analytics. That would put the country on its slowest pace since 1918, when the country faced a Spanish Flu pandemic and World War I, according to Never miss another story

SK Innovation reiterates Georgia plant benefits US economy

SK Innovation reiterates Georgia plant benefits US economy | How SK Innovation s Georgia plant will look upon construction completion (SK Innovation) SK Innovation’s aggressive battery investments have trickle-down effects for local businesses in Korea and the US, the Korean firm claimed Friday, as it sought to burnish its contributions to the economy ahead of a lawsuit ruling in the US. The energy firm is currently building two electric battery plants in the US state of Georgia. The first of those, with capacity of 9.8 GWh of production a year, is expected to be finished and start test runs next year. It is due to enter full-fledged operation in early 2022.

Other Barks & Bites for Friday, December 18: WIPO Report Shows Drop in Global Patent App Filings, Ninth Circuit Affirms Dismissal of RICO Claims Against Google, and CNIPA Issues First Batch of Guiding Administrative Cases

Other Barks & Bites for Friday, December 18: WIPO Report Shows Drop in Global Patent App Filings, Ninth Circuit Affirms Dismissal of RICO Claims Against Google, and CNIPA Issues First Batch of Guiding Administrative Cases
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