Nearly one-third of small business employers in January said that crime has raised everyday business costs, according to a Job Creators Network Foundation poll obtained exclusively by the Daily Caller News Foundation.
Around 31% of small businesses surveyed in January said that neighborhood crime has increased business costs through added expenses associated with extra security or stolen inventory, with employers in the western U.S. being the most likely to say they were affected at 35%, according to the poll.
The small business intelligence quotient, which measures small business employers' outlook on the economic conditions out of 100 points, ticked up to 56.3 points in January, up slightly from 54.3 points in the prior month, according to the poll.
Around 48% of small business employers put inflation and higher prices as their top two biggest concerns, followed by the economy/client spending and general operating costs at 31% and 32%, respectively.
Only 22% of small business employers said that President Joe Biden's job performance has helped small businesses, while 77% said it has negatively affected business, according to the poll.
Cities like Washington, D.C., have also seen many businesses closing locations and fleeing amid the spike in crime due to increased costs and mounting losses.
The poll is a national survey of 400 small business employers conducted between January 3 and 29 and has a margin of error of plus or minus 4.9%.
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