America is in a “baby bust,” driven by millennials who are having kids at record low rates, according to a new report that warns America is no longer making enough babies to keep pace with deaths.

While moms need to have 2.1 births to keep pace with deaths, a number last hit in 2010, it has dropped dramatically to just 1.8, according to a report from the Negative Population Growth Inc., which cheers negative growth.

“The fertility rate decline is driven entirely by millennial mothers in their teens and twenties,” said the report. “Birth rates for all age groups of women under 30 fell to record lows in 2016,” it added.

Negative Population Growth Inc. graphic.

The trend is also being seen among immigrant millennials, said the report. While immigrants have a record of producing more babies than the native population, the report found a huge shift. The group’s analysis said:

“Birth rates among the foreign born, including Millennials, have been higher than those of the U.S. born. But recent data shows that the foreign born rate is now falling significantly faster in all foreign born age groups than among the U.S. born. [The report] concludes that in matters of family size, immigrant millennials have embraced the ‘smaller is better’ ethos of their host nation.”

As a result, it said, “the Total Fertility Rate (TFR) has slipped below the 2.1 children per mother threshold regarded as the ‘replacement level.’”

The report explains the shift to smaller families is driven by the poor economy, broken American Dream, and job losses millennials witnessed growing up.

It said, “Millennials came of age during the worst economic crisis since the Great Depression. Many saw their parents lose their jobs, their homes, and their dignity — and vowed they would not repeat those mistakes. As a result, life-cycle milestones so prized by their Baby Boomer parents — the first driver’s license, marriage, children, home-ownership — are postponed, or abandoned altogether, by millennials.”

Paul Bedard, the Washington Examiner's "Washington Secrets" columnist, can be contacted at pbedard@washingtonexaminer.com