Dropping US Birthrate Hurts Manufacturing

Lower birthrates means Americans are buying fewer diapers. (Image courtesy of Wikimedia Commons.)

Americans are having fewer babies, and diaper makers are feeling the pinch.
Personal care manufacturer Kimberly-Clark recently announced that it will cut as many as 5,500 jobs—approximately 13 percent of its workforce—in an attempt to lower costs.
The job cuts come as the maker of Huggies and Kleenex is seeing a decline in demand for some core products as U.S. birthrates fall, a gro…

Source URL: Dropping US Birthrate Hurts Manufacturing

Source Website: Advance Engineering – Engineering.com