Editor's Note: This is an excerpt from a recent research note by Hedgeye analyst Josh Steiner. Email sales@hedgeye.com for info on how you can subscribe to our institutional research.
Birth rates at the national level declined to -6.2% Y/Y...
...while those in Texas and Houston decelerated even more.
Texas saw birth rates fall in August to -8% Y/Y while Houston declined to -13.6% Y/Y. Those are the fastest rates of decline at the national, Texas and Houston levels since the Great Recession.
