Updated Population Projections = Slower Growth, Less Robust Housing Recovery

From housing economist Tom Lawler (note: this is work in process, but here are some initial findings) In assessing the intermediate and/or long-term outlook for the US economy, housing, entitlement spending, tax revenues, and a host of other variables, a Major input to analysts' forecasts are projections of the US population – not, of course, just the totals, but the composition of the population, especially by age. Analysts often use "official" Census projections, which include detailed projections by age, gender, and race/ethnicity, to project other key variables such as labor force growth, ......(read more)

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