What This Chart Shows
This chart displays the annual population growth rate of the United States, measured as the percent change in mid‑year population from the previous year. It reflects how quickly the U.S. population is expanding or slowing over time.
The data is based on the de facto population, counting all residents regardless of citizenship status.
Why Population Growth Rate Matters
Population growth is a key driver of long‑term economic potential. It influences:
- Labor force expansion
- Consumer demand
- Housing needs
- Long‑term GDP growth
- Demographic pressures (aging, healthcare, Social Security)
A slowing growth rate can signal demographic headwinds, while rising growth supports stronger economic momentum.
Key Insights
- U.S. population growth has slowed significantly in recent decades.
- Growth is influenced by births, deaths, and net migration.
- Economic cycles, immigration policy, and demographic aging all affect the rate.
- Growth rates often dip during recessions or periods of restricted migration.
Source
World Bank (via FRED) Series ID: SPPOPGROWUSA