18 Jan '12, 12pm

Census Reveals 5 Trends That Matter to Your Business in 2012

Slowing population growth: The 2000s saw the slowest growth in the United States in 70 years–just 9.7 percent, or 27.3 million people, were added from 2000 to 2010. The decline is a result of aging baby boomers, slower U.S. economic growth and declining immigration. However, the U.S. is still one of the fastest-growing industrialized nations. Growth was highest in the South and Midwest and lowest in the North and East; suburbs grew faster than cities. Despite the housing crash disproportionately affecting the Sunbelt, these areas are still fast-growing. Staying put: In the boom years of the 1950s, nearly 20 percent of Americans moved every year; in 2011, just 11.6 percent did. Aging boomers and higher homeownership rates are part of the reason for the slowdown, along with recession, dwindling home prices and tighter credit restrictions. For businesses, this means areas tha...

Full article: http://www.networksolutions.com/smallbusiness/2012/01/cen...

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