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Report estimates $1.26B retail-restaurant spending losses from Trump crackdown

9/10/2026

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Preckwinkle Reports Loss
  • Cook County President Toni Preckwinkle announced a report estimating $1.26 billion lost in retail-restaurant spending from President Donald Trump's crackdown.
  • The Great Cities Institute at the University of Illinois Chicago authored the report “Hunkering Down.”
  • Researchers used anonymized cellphone location data and Census spending records to estimate the loss.
  • Retail trips from high-concentration Hispanic neighborhoods fell 9% after January 2025, while restaurant trips fell 10%.
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