Death and the Economic Crisis — the Other Economic Crisis

A year ago, most public “death care” companies were reporting mysterious drops in the number of funerals they were performing, but now things have improved and some are seeing growth close to long-term trends.

… Houston-based SCI was so puzzled by the downturn that it hired outside consultants to find out why. The research is not complete, so the company won’t release it yet, but chief executive officer Tom Ryan told a recent conference call with analysts that there appear to be two major factors: medical advances, and a dip in the number of births between 1929 and 1936, the deepest years of the Depression.

More here.

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