Population growth slows in states previously experiencing a housing boom
Posted by: in Stocks Money NewsFiled under: Other issues, Economic data, Housing
Population growth has slowed in the prior housing boom states of Arizona, Florida and Nevada, The Wall Street Journal reported Thursday [subscription required], citing U.S. Census Bureau data for the 12 months ended July 1, 2007.
Further, the U.S. Census Bureau’s report continued to confirm a decades-long trend of U.S. population shift from the Northeast and Midwest to the West and South.
Florida, arguably the state that’s been hardest hit by the housing slump, experienced the largest decline in population growth, The Journal reported. Florida’s population increased by 35,301, or 1%, during the 12-month period, compared to an increase of 134,798 during the previous 12-month period.
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