The U.S. population is on track for its slowest decade of growth since the Great Depression.

The Census Bureau estimates there will be 315.1 million people living in the country on New Year’s Day, a 0.73 percent rise from last year’s estimate and 2.05 percent more than the most recent census count in April 2010. At the current pace, the nation’s population will grow by 7.3 percent during the decade, the lowest level since the 7.25 percent increase recorded between 1930 and 1940, according to data compiled by Bloomberg.

The slow rate of growth during the first part of the decade indicates the U.S. continues to emerge slowly from the worst economic downturn since the 1930s. The nation’s birth rate and immigration fell in the aftermath of the 2007-09 recession. Between 2000 and 2010, the Census Bureau reported the nation’s population grew by 9.7 percent.

Read More at bloomberg.com . By Frank Bass .

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