Salt Lake area business owners said deportations may be to blame for the decline in revenue in the past two years.
"The law is broken," Eduardo Castro, Sr., a Rose Park business owner, said. "About 50 percent of my business is gone. They have just been deported or they have to leave the country because they can't stay here. They feel insecure."
Deportations have reached record levels under President Obama. They have risen to an annual average of nearly 400,000 since 2009, about 30 percent higher than the annual average during the second term of the Bush administration, according to the study.
The report discovered 59 percent of Latinos believe Obama has handled deportations badly. The report also says Obama's approval rating among registered Latino voters fell to 54 percent in 2011, down from 63 percent in 2010.
Other employees who work in Rose Park said they don't agree with the way Obama has handled immigration reform.
"Being in the insurance business, there's been a lot of our clients that are getting deported," Vanessa Rojas, an employee, said.
Still, the Pew Hispanic survey also reveals Obama and the Democratic Party are still favored by Latino voters heading into the 2012 presidential campaign.