Quarterly Mortality Monitoring Report for the U.S. Population
June 2025
Author
Society of Actuaries Research Institute
Quarterly Mortality Monitoring Oversight Group
Executive Summary
The Quarterly Mortality Monitoring Report (QMMR) examines mortality trends in the United States (U.S.) general population. An updated QMMR report is issued every three months, reflecting the latest data. The prior QMMR covered data through December 2024, while this updated report covers data through March 2025.
The death count data used in this report was downloaded from the CDC WONDER database (“Centers for Disease Control and Prevention”) on June 4, 2025. Given this download date, the death counts for November 2024 and earlier are effectively complete. The SOA estimates that death counts for December 2024 are 99.8% complete, and 99.7%, 99.5% and 98.2% complete for January, February and March 2025, respectively. For recent months, this analysis divides the death counts by the estimated completion rates, thereby producing estimates for final death counts. The estimates are subject to some uncertainty given that historical completion rates are not perfect predictors of future completion rates.
Due to seasonality, monthly death rates are volatile. Therefore, this report focuses primarily on death rates computed across 12-month periods. As explained in the appendix, age-standardization is used to remove noise imparted by shifts in the population’s age structure across time.
Key findings are as follows:
- For the U.S. population considered as a whole, the age-standardized death rate for the 12-month period from April 2024 to March 2025 was 849.7 (per 100,000 persons), compared to 845.5 for the 12-month period from January to December 2024. This is an increase of 0.49%. Despite this increase, the 12-month death rate remains slightly below the level observed in 2019.
- The 0.49% increase occurred because the death rate for the first quarter (Q1) of 2025 was 1.6% greater than the rate for Q1-2024 (which dropped out of the 12-month trailing period).
- Prior to Q1-2025, the 12-month trailing death rate had declined steadily since Q4-2021.
- Although mortality increased in Q1-2025 for the U.S. population considered as a whole, mortality improvement continued to occur across younger ages. For ages under 50, mortality experience in Q1-2025 contributed to a 1% to 2% decrease in the 12-month trailing death rate; for ages 50 to 59, the 12-month death rate remained essentially unchanged, and for ages 60 and above, the 12-month death rate increased by about 0.75%.
Along with this report, an updated version of the QMMR Excel/VBA workbook was released. The updated workbook contains data from 2000 through March 2025, disaggregated by sex, single age, and 14 broad categories of mortality causes. The workbook provides several tools to facilitate the analysis of mortality trends, including interactive, parameterized graphs that make it easy to visualize trends in the data.
Materials
2025Q2 Quarterly Mortality Monitoring Report
2025Q2 QMMR Excel/VBA Workbook
QMMR Excel/VBA Workbook Instructional Video
Acknowledgments
The SOA would like to thank the members of the Quarterly Mortality Monitoring Oversight Group for their support, guidance, direction, and feedback throughout the project:
- Sam Gutterman, FSA, MAAA, FCAS, FCA, HONFIA, CERA
- Ed Hui, FSA
- Tom Kukla, FSA, MAAA
- Larry Stern, FSA, MAAA
At the SOA:
- Barbara Scott, Senior Research Administrator
- Ronora Stryker, ASA, MAAA, Senior Practice Research Actuary
- Patrick Wiese, ASA, Lead Modeling Researcher
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