U.K. Baby Boom Biggest in 40 Years

The huge increase in birth rates just might be the indicator of U.K.'s comeback in their economy. Just from the period of last year, the population has been lifted by 0.7% to nearly 64 million. "Baby Booms" have always been the largest contributing factor to the revival of economies when stuck in stagnation. Similar situations of the "Baby Boom" took place in the United States during Post - World War II, in Canada from 1945 to 1965, in Australia between 1946 and 1961, in the United Kingdom where over 3 "Baby Booms" have occurred throughout their history, and in many other European and South - Pacific places.  The housing market will greatly benefit as more and more parents start purchasing new homes. Additionally, businesses that produce products related to babies, children, and families should eventually see rises in their sales. Another factor that will increasingly boost the U.K.'s economy in the long run is the future growth of the workforce with the rising number of births. Ending this with a quote by Vanessa Rossi, a global economic adviser, "With an increasing population and economy, the U.K. could actually become the largest economy in Western Europe in the next 20 years." She also notes, "Other European countries tend to have much lower birth rates than the U.K."