Rising homelessness

About This Trend
Due to various contributing factors —arise in migration, the gradual cessation of pandemic assistance programs, increasing inflation, and escalating housing expenses — the U.S. saw a concerningincrease in homelessnessfrom 2022 to 2023. The statistics are alarming:a record-high653,104 peoplewere without homes in 2023, a 12 percent increase over 2022 numbers. There are indications that the situation may continue to deteriorate. Numerous communities are now grappling with an unprecedented influx of individualsfacing homelessnessfor the first time, including older adults and newcomers to the U.S., which is putting a significant strain on the capacity of existing support systems.
Trend Updates
Feb. 26, 2024 — Seismic shift in everyday usage
- More people than ever are using this technology and it is now more evident that it will be part of the ongoing landscape...
Feb. 26, 2023 — Federal Regulations spike Demand
- Because of continued interest in this technology and a favorable environment for growth...
Feb. 26, 2021 — Pandemic recalibrates supply
- People are unable to create and devote time to innovating this critical technology now
Trend Category:
Housing
Timeframe: Act Now
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