Home Back Issues February 2007 Bankruptcies remain scarce

Bankruptcies remain scarce

| Print |  Email
Archives - February 2007
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

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Private liberal arts education: superior outcomes, competitive price

Contributed Blogs
Tuesday, August 26, 2014
0826 thumb collegemoneyBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

Why has six years become an acceptable investment in public undergraduate education that over-promises and underperforms?


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

Books Rule

October 2014
Thursday, September 25, 2014
BY JON BELL

Powell's stays relevant in the digital age.


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