Table 4.

Fixed-Effects Regression Models of Total Fertility Rate by Race/Ethnicity between 2006–2014 for ACS Subset Sample

	2006–2014			2006–2010	2011–2014
Dependent Variable: Total Fertility Rate	Model 1	Model 2	Model 3	Model 4a	Model 4b
White, Non-Hispanic (290 MSAs; N = 2375)
% Goods-Producing Businesses		0.022***	0.022***	0.022***	0.022***
		(0.002)	(0.002)	(0.002)	(0.003)
Unemployment Rate (%)	−0.005**		−0.001	−0.003	−0.001
	(0.001)		(0.001)	(0.002)	(0.002)
Black, Non-Hispanic (289 MSAs; N = 2354)
% Goods-Producing Businesses		0.016	0.013	0.015	0.005
		(0.008)	(0.009)	(0.009)	(0.010)
Unemployment Rate (%)	−0.009		−0.007	−0.006	−0.004
	(0.005)		(0.005)	(0.007)	(0.006)
Asian, Non-Hispanic (290 MSAs; N = 2360)
% Goods-Producing Businesses		0.013	0.007	0.008	0.025
		(0.011)	(0.012)	(0.012)	(0.014)
Unemployment Rate (%)	−0.016*		−0.014*	−0.012	−0.013
	(0.007)		(0.007)	(0.009)	(0.008)
Hispanic (290 MSAs; N = 2319)
% Goods-Producing Businesses		0.077***	0.062***	0.064***	0.063***
		(0.009)	(0.009)	(0.009)	(0.010)
Unemployment Rate (%)	−0.042***		−0.031***	−0.038***	−0.024***
	(0.005)		(0.006)	(0.007)	(0.006)
MSA Controls	Yes	Yes	Yes	Yes	Yes
Year Fixed Effects	Yes	Yes	Yes	Yes	Yes

^*p<.05,

^**p<.01,

^***p<.001 (two-tailed tests)

Notes: (a) Year fixed effects and MSA-level covariates included in all models. Covariates include annual measures of logged population, per capita GDP, percentage of homeowners, percentage of one-year in-migration, percentage with more than a high school education, and percentage never married. (b) All covariates are lagged one year. (c) Standard errors in parentheses