The Demographic Intelligence 2012 prediction of 3,992,614 million births in 2013 was .8% away from the CDC 2013 estimate of 3,957,577 million births.
Charlottesville, VA (PRWEB) June 25, 2014
Over two years before the CDC birth estimate for 2013 was released, the April 2012 U.S. Fertility Forecast for 2013 from Demographic Intelligence (DI) was 99.2% accurate in predicting births for 2013. The U.S. Fertility Forecast is distributed by subscription quarterly to DI subscribers.
DI forecasted a slight increase in total number of births from 2012, along with a leveling off of births to Hispanic and younger women and a climb in births to older and more educated women.
According to the April 2012 U.S. Fertility Forecast, “Births are rising among women over 25, those with some college education, and Asian-American/Other women.” This matches the May 2014 CDC report, which states that birth rates rose for older women and dropped for teens and younger women in 2013.
When the CDC released its May 2014 birth statistics report, it revealed that the DI 2012 prediction of 3,992,614 million births in 2013 was .8% away from the CDC 2013 estimate of 3,957,577 million births.
Subscribers who received the DI U.S. Fertility Forecast in April 2012 had a 99.2% accurate estimate of births two years in advance of the CDC report, which was published in May 2014. DI subscribers include consumer product manufacturers, financial services, insurance, and drug companies.
DI releases the U.S. Fertility Forecast for 2014, 2015, and 2016 births in July, which will also include a breakdown of births by the maternal status of mothers, an aspect that has important implications for consumer spending and maternal/infant health.
Do you know what the birth rate will look like two years from now? Contact DI to receive the July 2014 U.S. Fertility Forecast.
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The U.S. Fertility ForecastTM is typically more than 98 percent accurate in predicting U.S. birth trends. The forecast model proved 99.30 percent accurate in predicting total 2012 births. “This report fills a critical gap for executives and analysts working in the health care and juvenile products industries,” noted Dr. Sturgeon. “DI’s projections are particularly important because the economic and cultural drivers of fertility are changing so much today. Thus, Demographic Intelligence gives companies a clear sense of the demographic road ahead.”
About Demographic Intelligence
Demographic Intelligence (DI) is the premier provider of U.S. birth forecasts and fertility analytics for businesses with an interest in birth trends in the United States. DI provides reports and consulting services to companies in the following sectors: juvenile products, healthcare, media, financial services, consumer food, and household products. Demographic Intelligence is advised in its work by three leading demographers: Princeton economist Alicia Adsera, University of Pennsylvania demographer Hans-Peter Kohler, and University of North Carolina demographer Philip Morgan.