New Baby Boom Will Bring Manufacturing Back to the U.S., Predicts Demographic Analyst...

New Baby Boom Will Bring Manufacturing Back to the U.S., Predicts Demographic Analyst Ken Gronbach

NEW YORK--(Business Wire)--
Figures released Wednesday from the National Center for Health
Statistics indicate that the number of live births in 2007 broke a
50-year fertility record for the United States. "This bodes well for
the future of the United States," says Kenneth W. Gronbach,
demographic analyst and author of The Age Curve: How to Profit from
the Coming Demographic Storm (AMACOM; July 2008;
http://tinyurl.com/5mt6dv). "The dramatic rise in our country's birth
rate will bring industry back home. I believe we will have a large,
sophisticated, competitive workforce that sets us apart from other
Western countries. This is huge."

According to provisional data, 4,315,000 babies were born last
year. An annual birth rate of this magnitude has not been seen in
America since the middle of the Baby Boom years; in 1957, 4,300,000
live births were recorded.

Gronbach anticipates a resurgence of domestic manufacturing. As he
notes, China, our top competitor in this sector, is systematically
eliminating its labor force with its one-child policy. Other nations
are facing declining birth rates, increased shipping costs, inflation,
a weak U.S. dollar, as well as higher energy costs, all of which will
make their manufactured products cost more in the U.S. and help bring
back domestic manufacturing.

Gronbach also points out that the record number of U.S. births in
2007 is not a freak occurrence, but part of a significant and growing
trend toward having bigger families. Generation Y, defined by Gronbach
as having been born between 1985-2010, will be 100 million people, 20
million more than the Baby Boom generation. "This will provide a large
and savvy workforce, the best the nation has ever seen," says
Gronbach. "Our technical schools will be filled with the best and the
brightest," Gronbach predicts. "We're going to have the best
electricians, the best athletes, the best cops, and the best volunteer
military force."

Kenneth W. Gronbach is the president and CEO of KGC Direct,
specialists in demographic marketing and forecasting. He regularly
counsels Fortune 500 corporations, as well as large and small
businesses across the United States. He lives in Haddam, Connecticut,
and welcomes visitors to his blog: http://theagecurve.blogspot.com.

Kama Timbrell, 212-903-8315
ktimbrell@amanet.org

Copyright Business Wire 2008