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U.S. Population Decline Could Cost Economy $104 Billion

2/12/2026

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Summary

Story summary

IMPLAN Group, LLC projects that slowing U.S. population growth could trim the economy by about $104 billion.
The number of new residents fell to 1.8 million in 2025 from 3.2 million in 2024, creating a growth gap of 1.4 million.
The decline could depress household spending and curb job creation, especially in housing and healthcare.
IMPLAN indicates slower population growth could ease housing prices and improve homeownership prospects.

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Story summary

IMPLAN Group, LLC projects that slowing U.S. population growth could trim the economy by about $104 billion.
The number of new residents fell to 1.8 million in 2025 from 3.2 million in 2024, creating a growth gap of 1.4 million.
The decline could depress household spending and curb job creation, especially in housing and healthcare.
IMPLAN indicates slower population growth could ease housing prices and improve homeownership prospects.