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

Semiconductor purgatory

News
Monday, October 06, 2014
roundup-logo-thumb-14BY LINDA BAKER | OB EDITOR

Intel's manufacturing way station; Merkley's attack dog; Diamond Foods gets into the innovation business.


Read more...

Measure 91: What Oregon Businesses Need to Know

Contributed Blogs
Wednesday, October 15, 2014
91 thumbBY DIANE BUISMAN

Some common misconceptions employers have about marijuana.


Read more...

Shifting Ground

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE

Bans on genetically modified crops create uncertainty for farmers.


Read more...

100 Best Nonprofits to Work for in Oregon [VIDEO]

News
Thursday, October 02, 2014

Screen shot 2014-10-02 at 11.17.21 AMMore than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.


Read more...

Political Clout

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Businesses spend billions of dollars each year trying to influence political decision makers by piling money into campaigns.


Read more...

Water World

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Fred Ziari aims to feed the global population.


Read more...

Healthcare pullback

News
Thursday, November 20, 2014
112014-boehnercare-thumbBY JASON NORRIS | OB CONTRIBUTOR

Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).


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