Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact
How Falling Birth Rates Reshape the Funeral Industry
In this episode of The Demographics Podcast, Lucas and Luna explore how declining birth rates and an aging population are transforming the funeral industry. With more elderly but fewer family members to handle arrangements, the sector is shifting toward pre-need planning, cremation, and tech-enabled memorial services. A 2025 NFDA report shows that 64 percent of funeral homes now offer pre-need contracts, up from 48 percent in 2019. Meanwhile, cremation rates in the U.S. hit 61 percent, driven partly by the need for simpler, lower-cost options. The conversation covers changes in funeral home…
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