After Years of Decline, Household Formation Rates Were Improving Pre-Pandemic. Now What?
Americans of every age group and ethnicity are forming households at lower rates than before the Great Recession. The trend of fewer households began to reverse in 2018 and 2019. There would be 5.7 million more households if today’s demographic groups formed households at the same rate they did in 2006. The group with the …
After Years of Decline, Household Formation Rates Were Improving Pre-Pandemic. Now What? Read More »