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Bankruptcies: US: Difference between revisions
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=== Q2 2024 === | === Q2 2024 === | ||
Personal and business bankruptcy filings rose 16.2 percent in the twelve-month period ending June 30, 2024, compared with the previous year. According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 486,613 in the year ending June 2024, compared with 418,724 cases in the previous year.<ref>https://www.uscourts.gov/news/2024/07/25/bankruptcy-filings-rise-162-percent</ref> | |||
* Business filings rose 40.3 percent, from 15,724 to 22,060 in the year ending June 30, 2024. | |||
* Non-business bankruptcy filings rose 15.3 percent to 464,553, compared with 403,000 in the previous year. | |||
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== S&P Global == | == S&P Global == | ||
''Bankruptcy figures include public companies or private companies with public debt with a minimum of $2 million in assets or liabilities at the time of filing, in addition to private companies with at least $10 million in assets or liabilities. S&P Global Market Intelligence may remove companies from this list if it discovers that their total assets and liabilities do not meet the threshold requirement for inclusion.'' | ''Bankruptcy figures include public companies or private companies with public debt with a minimum of $2 million in assets or liabilities at the time of filing, in addition to private companies with at least $10 million in assets or liabilities. S&P Global Market Intelligence may remove companies from this list if it discovers that their total assets and liabilities do not meet the threshold requirement for inclusion.'' | ||
[[File: | [[File:424895048.png|alt=|center|thumb|845x845px|https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-pick-up-pace-in-march-59-new-filings-81085453]] | ||
=== June 2024 === | |||
S&P Global Market Intelligence recorded 75 new corporate bankruptcy filings in June. The pace accelerated from the first months of 2024 and is rivaled by only the busiest months in 2020, when the shock from COVID-19 pushed a relatively higher number of companies into bankruptcy. The 346 total filings so far in 2024 is also higher than any comparable figure in the prior 13 years.<ref>https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-corporate-bankruptcies-in-june-reach-highest-monthly-level-since-early-2020-82297569</ref> | |||
=== March 2024 === | === March 2024 === | ||