The latest news out of the United Kingdom is that the country is literally Blooming with babies, and we’re not just talking about the country’s most famous new little one, Prince George. The number of new baby Brits being born has been on the rise for the past decade, reports say. The most recent statistics show that between June 2011 and June 2012 the highest number of babies were born in the country since 1972. Figures show a total of 813,200 births took place within that time span.
While that might seem small compared to the 3,958,000 babies born in the United States in 2012, the UK’s number is still said to be the largest number compared to numbers of births in other countries in Europe. Germany for example may be larger in size, but is said to have a much lower fertility rate than the UK. Italy and Spain are also experiencing lower birth rates.
The figures are leading economists to predict the growing population not only to result in an uptick in new spending on everything from nappies, to prams, to Blooming Baths for babies bathtubs (which, by the way, can now be purchased in the UK and throughout Europe on amazon.uk) but also quicker economic recovery for the nation.
More specifically, those in the know say the housing market will benefit from the “boomlet” as more families choose to move into bigger homes. In addition, the workforce is also expected to grow and if the UK population continues to grow at the current pace, could result in the UK becoming the largest economy in Europe in the next 20 years.