New data shows how many companies have gone bankrupt in 2017
In 2017, more than 3,000 companies filed for bankruptcy, and a total of 2,000 had no remaining assets.
These are the findings from the data published by the Institute of Supply Management.
These data, which are compiled by the US Department of Labor, show that companies have been able to keep operating for several years, and that the overall number of companies that have gone under in 2017 is around the same level as in 2016.
The number of bankruptcies is the lowest since the financial crisis in 2007, when there were more than 4,000.
There was also an overall increase in bankruptcies in the second half of the year, with the number of new bankruptcies rising by more than 50 per cent.
The total number of insolvency filings increased by over 1,000 during the second quarter.
The institute has been collecting these data since 2008, and has identified the main causes of bankruptcy since the start of the financial collapse in 2008.
The main causes are poor investment, financial mismanagement, and debt restructuring.
The data is being published on a quarterly basis, so it is not yet clear how much of the increase in bankruptcy filings can be attributed to the end of the recession.
However, the institute has pointed out that it is possible that the recession is to blame for a greater number of businesses going under.
“We have seen a number of smaller businesses go under, and this is a reflection of the economic downturn,” the institute’s chief economist Andrew Hodge said.
The institute’s latest data, published on Friday, shows that the number and size of companies filing for bankruptcy increased from the second to the third quarter. “
So if they are able to survive the downturn, then it would mean they are likely to be able, in the longer term, to benefit from the recovery and continue to be viable businesses.”
The institute’s latest data, published on Friday, shows that the number and size of companies filing for bankruptcy increased from the second to the third quarter.
In the third and fourth quarters of 2017, the number increased by a whopping 7,000, but the number in the third month of 2018 dropped by just 6,000 – indicating that some businesses are no longer profitable and could go under.
A further 5,000 new bankruptures were registered in the fourth quarter of 2017.
The rise in bankruptries has been driven by a decline in private-equity financing.
Companies have been unable to raise more money, which has slowed down the growth of their businesses, as they have had to borrow money in order to continue to operate.
This has also contributed to the increased number of defaults and bankruptcies.
The largest decline in bankrupts took place in the manufacturing sector, with almost 2,500 companies filing bankruptcy.
This is the sector that is responsible for many of the jobs lost during the recession and has had the biggest drop in jobs since the downturn began in 2007.
The manufacturing sector is responsible to about 20 per cent of the country’s total employment, and its number has fallen by nearly 9,000 jobs since 2009.
The biggest decrease in bankruptities in the industry occurred in the health sector, which saw a decrease of 3,800.
The industry employs about 30 per cent the total number, and is responsible, for many, of the lost jobs during the downturn and recovery.
According to the institute, the majority of these bankruptcies were due to the financial misfortunes of large companies.
These include the collapse of health insurance companies, which were left with the burden of millions of dollars of losses, as well as the bankruptcies of the American Home Depot chain, which collapsed in the US after its $3.6bn loan guarantee was terminated in February 2018.
The financial crisis has also led to an increase in companies that are selling assets, and the financial stress that has followed has had an impact on business and consumer confidence.
However the institute also noted that the industry is recovering from the recession in 2017, and will continue to grow.
“With this recovery in the financial sector, we expect businesses will be more prepared for the downturn in the coming years,” the director of the institute told the BBC.
“In the last quarter, the unemployment rate was 7.1 per cent, down from 9.5 per cent in the previous quarter.”
The recovery is in the process of accelerating, but will be uneven in its impact.
Companies will need to adapt to a slower recovery, and to the economic uncertainty of the next decade.
“The government will have to find the right balance between economic recovery and the public’s need for investment.”