Putting TRAC to Work
  News Organizations
November 18, 2016

Private Prisons Get a Boost From Trump
By Matt Stroud

While investors see upside for prison companies, theyíre showing signs of caution. CoreCivicís stock is valued at only a little more than half its 2016 peak. GEO Group has had a stronger recovery, but itís still shy of its top value, reached earlier this year. Itís not clear that the government would require a dramatic increase in detention center capacity even if Trumpís deportation plans are enacted. Border crossings have fallen, cutting into the demand for facilities to hold people arrested as they come into the U.S. Undocumented immigrants not caught at the border are entitled to post bond while removal proceedings move through immigration courts. Those courts face a backlog of more than 520,000 cases, according to the Transactional Records Access Clearinghouse at Syracuse University, which tracks law enforcement statistics.

Transactional Records Access Clearinghouse, Syracuse University
Copyright 2016
TRAC TRAC at Work TRAC TRAC at Work News Organizations News Organizations