By Samuel Stebbins, 24/7 Wall Street
The U.S. population grew by just 0.6 percent from 2017 to 2018, the lowest annual growth rate in 80 years. While population growth is slowing at an alarming rate nationwide, some U.S. cities are bucking the trend, reporting booming population growth in recent years.
Population change is the product of two factors – net migration and natural growth. Natural growth is simply the number of births over a given period less the number of deaths. Net migration is the difference between the number of new residents – either from other parts of the country or from abroad – and the number of residents who have left the area.
