California's Population Growth Expected to Plateau for Generations

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Source: The New York Times
California's Population Growth Expected to Plateau for Generations
Photo: The New York Times
TL;DR Summary

California's population, which had been steadily growing for 170 years, is projected to stagnate for the next four decades, according to recent data released by the state Finance Department. The state has experienced a reversal in population growth due to factors such as declining fertility rates, an aging baby boomer generation, and increased outmigration. The high cost of living, housing crisis, and growing economic divide have contributed to the state's challenges in attracting and retaining residents. The projected population stagnation could have implications for California's political influence, consumer spending, and labor force. However, California still remains the most populous state in the nation and retains its foundational industries, offering some hope for its future.

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