Home Archives February 2007 Bankruptcies remain scarce

Bankruptcies remain scarce

| Print |  Email
Thursday, February 01, 2007

After a dramatic rise before (and fall after) the introduction of stricter federal bankruptcy laws in late 2005, Oregon filings have steadied out at a greatly reduced rate: In 2006, the average number of business and personal filings per month were 21 and 548, respectively, compared to 93 and 2,587 per month in 2005. As shown in the table, Oregon had 228 residents per bankruptcy filing for the year ended September 2006. The rate of filings per population was lower nationwide as well as in Idaho, Washington and California. In the late ‘90s and early 2000s, Oregon suffered a disproportionate share of U.S. business bankruptcies, nearing 8% of them in fiscal year 1999, but its share has trended down to 2.3% in fiscal year 2006, much closer to the 1.2% share of the U.S. population residing in the state.
0207Indicators1.gif0207Indicators2.gif 0207Indicators3.gif
Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Understanding Oregon medical marijuana dispensary tenants

News
Friday, June 13, 2014
061314 thumb grassrentBY CLIFF HOCKLEY | OB GUEST BLOGGER

This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

The global challenge

News
Friday, June 27, 2014
062714 thumb globalmarketBY JASON NORRIS | OB BLOGGER

Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


Read more...

Reader Input: Energy policy

June 2014
Thursday, May 29, 2014

How serious a problem is climate change? Readers want to have their cake and eat it, too.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

Downtime with Doug Gastich

June 2014
Thursday, May 29, 2014
BY JESSICA RIDGWAY

How the president of BlueVolt spends his free time.


Read more...

The role of higher education as K-12 underperforms

Contributed Blogs
Friday, May 30, 2014
ThumbChalkboardBY DEBRA RINGOLD | OB GUEST CONTRIBUTOR

Since 1970 the performance of our public education system has steadily deteriorated.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS