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Fear of ICE raids cost Chicago-area businesses $1.26 billion, study finds

Sep 8, 2026·Location: Chicago, IL

Fear of ICE raids cost Chicago-area businesses $1.26 billion, study finds
Photo via NPR

A University of Illinois Chicago study found that heightened federal immigration enforcement starting in January 2025 caused residents in immigrant-heavy Cook County neighborhoods to sharply reduce trips to stores and restaurants in other parts of the county. Cross-community retail visits dropped about 9 percent and restaurant visits about 10 percent, with the decline beginning within weeks of enforcement actions and persisting for nearly a year and still not fully recovered. Researchers estimate the lost economic activity totaled roughly $1.26 billion and cost the county, and Illinois overall, about $107 million in lost sales-tax revenue. The findings challenge assumptions that immigrant communities are economically isolated from the broader region. Nationally, ICE held about 65,800 people in detention as of mid-July, with roughly 70 percent having no criminal conviction, according to the Transactional Records Access Clearinghouse at Syracuse University.

Timeline

Sep 8, 2026—University of Illinois Chicago study released, estimating $1.26 billion in lost business and $107 million in lost tax revenue
Jan 1, 2025—Heightened federal immigration enforcement begins in Cook County, triggering fear of ICE raids
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