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How High Inflation Is Affecting Crime Rates

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WCCTV explore how construction job sites can protect their inventory from the increased chance of theft due to high inflation.

How is Rising Inflation Linked to Crime Rates?

High inflation can increase crime rates as those struggling with rising costs resort to theft, robbery, or other criminal activities to make ends meet.  

A recent article published by Reuters states that the current economic downturn is fueling a rise in crime, an increase of 44% according to 233 police agencies surveyed.

We live in a time of high inflation, with everything from gas to grocery prices skyrocketing in recent months.

Within this, business locations such as construction job sites must protect their inventory from the increased chance of theft.

How Rising Inflation Affects Construction Crime

It’s often hard to draw a straight line between increased crime and rising inflation rates, as many other socio-economic and environmental factors must be considered.

However, the parallels exist and ultimately, the outcome for companies is the same - increased crime.

In 2021, the price of lumber materials tripled, and suddenly a previously unremarkable building material became one of the most targeted items for theft.

One site alone was stripped of 160 pieces of two-by-four, valued at $3,500.

My project-1 - 2023-08-12T134823.844

Why are Construction Sites So Vulnerable? 

In a recent article by WCCTV, we discussed the cost of building materials, making construction sites a constant target for opportunist thieves. Ensuring your sites have the proper security measures is more important than ever.  

The market is significant for stolen goods; this is thought to occur partly because an increase in the price of legitimate goods makes purchasing stolen ones more attractive.

Furthermore, with the ease of selling these materials via modern outlets like Facebook Marketplace, Amazon, and even Craigslist, where it’s hard to trace stolen goods, the opportunists are most likely to get away with it.

How Video Surveillance Secures Construction Sites

WCCTV takes a proactive approach to surveillance. Our cameras contain advanced video analytics for enhanced area protection, for example, where you store your lumber or building materials. 

When an intruder is spotted in this area or breaching the perimeter, this alerts our video monitoring professional, who will initiate a real-time crime prevention response, including audio warning and law enforcement dispatch.

WCCTV's security cameras can be deployed to your sites regardless of your current power situation. Our solutions are customizable and can adapt to any situation, whether you have mounting poles with electricity or need a more mobile solar solution. Our units operate utilizing 4G LTE transmission, making them completely autonomous.

WCCTV Construction Job Site Surveillance

WCCTV Construction Site Security Cameras

WCCTV is the USA's leading supplier of mobile surveillance cameras for construction job sites.

We provide market-leading security cameras backed by a fully managed service that includes equipment installation, video monitoring, maintenance, and ongoing technical support.

Our rapid-deployment cameras provide construction sites with multi-application benefits, including security, time lapse video filming, and remote project management.

No matter the site, we have a solution that we can create for you.

Ready to find out how WCCTV's Mobile Surveillance Cameras can assist with construction site security? Get in touch today at 877 805-9475 or email sales@wcctv.com.

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