National trends such as slower population growth, an aging population, and immigrants as a larger component of the population are mirrored in the Third District states (Pennsylvania, New Jersey, and Delaware). These trends are likely to persist and perhaps even accelerate well into the future. In "Growing Slowly, Getting Older: Demographic Trends in the Third District States," Tim Schiller reviews these trends and their possible interaction with health care and retirement benefit programs nationally and in the Third District states.
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Article provided by Federal Reserve Bank of Philadelphia in its journal Business Review.