Global Macro Service > Research Briefings > United States

More immigrants are needed, but reform odds are low

Last year, the US population grew 0.4%, the slowest pace since the early 1900s, with a decline in immigration accounting for about 75% of the drop. We expect population growth will fall to about 0.2% in 2021, before increasing to 0.5% annually by 2023 and 0.6% toward the end of the decade.

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