NATIONAL BRIEFING / NATIONWIDE
Times Wire Reports
The number of Americans who moved declined sharply last year, reaching the lowest percentage in 60 years, as people grappled with fewer jobs and tighter credit, census data showed.
Nearly 12% of the population, or 35.2 million people, moved to a new home, down from 13.2% the previous year. That was the sharpest percentage drop in U.S. mobility since the 2000 bursting of the tech bubble, which bankrupted many Internet start-ups and caused the dwindling of stock portfolios.
The census has been tracking the populace’s mobility since 1948.
