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Did the 2007 crime decline persist into 2008? The picture in the largest cities. Percentage Change in Homicides and Robberies in
2008
Over Same Period in 2007 Homicide Robbery Date New York +8.2% +4.4% 1/1 - 6/29 Chicago -1.1% +16.3% 1/1 - 3/31 Los Angeles +4.3% -8.2% 1/1 - 6/28 Consumer confidence and optimism in steep decline. Research links decreases in consumer sentiment to increases in robbery and property crime rates (Rosenfeld and Fornango 2007). |
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