Makers of Diapers and Baby Formula Brace for Lower Sales as Pandemic Leads To Decline in Births
Share
[aggregation-styles]
CNBC
CNBC
Call it the Covid baby bust.
Experts are forecasting declining birth rates this year as a result of the coronavirus pandemic, putting pressure on the consumer giants that manufacture infant formula, baby food and diapers, The Wall Street Journal reported Monday.
Barclays is predicting that births in China will fall 8% this year, while the Brookings Institute is estimating that U.S. births could shrink by as much as half a million, citing the impact of an economic recession, according to the Journal. This comes as birthrates in the U.S. and China are already at their lowest levels on record.
By Amelia Lucas | 16 Nov 2020
Gomez Guilty of Murdering Los Hooligans Bass Player
Crime /
8 hours ago
Biden Says It Was a Mistake to Say He Wanted to Put Trump in a ‘Bull’s-Eye’
News /
8 hours ago
Tesla CEO Elon Musk Appears to Confirm Delay in Aug. 8 Robotaxi Unveil Event to Make Design Change
Business /
11 hours ago
Smittcamp Asks Court to Drop His Lawsuit Against Controversial NW Fresno Project
Politics /
12 hours ago
Measure P Arts Grants Spark Debate and a Meeting Tonight
Latest /
12 hours ago
Tedford Exits Fresno State Football. Tim Skipper Is the Next Bulldog Up.
Sports /
12 hours ago
Trump Receives Enough Delegate Votes to Officially be Republicans’ Nominee
News /
13 hours ago
Man Dies After Rescuing His 2 Children in Mississippi River
A Minnesota man who disappeared Friday while rescuing his two young children from the rain-swollen Mississippi River was found dead by autho...
News /
7 hours ago
Categories
Latest
Videos
News /
7 hours ago
Man Dies After Rescuing His 2 Children in Mississippi River
Economy /
8 hours ago
Is Inflation Finally Corralled? Powell Says Federal Reserve Believes It’s Close
Crime /
8 hours ago
Gomez Guilty of Murdering Los Hooligans Bass Player
News /
8 hours ago
Biden Says It Was a Mistake to Say He Wanted to Put Trump in a ‘Bull’s-Eye’
Business /
11 hours ago
Tesla CEO Elon Musk Appears to Confirm Delay in Aug. 8 Robotaxi Unveil Event to Make Design Change
Politics /
12 hours ago
Smittcamp Asks Court to Drop His Lawsuit Against Controversial NW Fresno Project
Featured /
3 days ago