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

Closing the Gap: The two Oregons and the way forward

February 2015
Monday, January 26, 2015
BY JOE CORTRIGHT

"Nostalgia is not an economic strategy."


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

The short list: Holiday habits of six Oregon CEOs

The Latest
Thursday, December 11, 2014
121214-xmaslist1BY JACOB PALMER | OB DIGITAL NEWS EDITOR

We ask business and nonprofit leaders how they survive the season.


Read more...

Corner Office: Marv LaPorte

January-Powerbook 2015
Saturday, December 13, 2014

The president of LaPorte & Associates lets us in on his day-to-day life.


Read more...

Which Way to Chinatown?

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN

The Jade International District, already Portland's center of Asian life, is poised for rejuvenation. Where does that leave the westside's historic Chinatown?


Read more...

Leading with the right brain

News
Tuesday, December 09, 2014
120914-manderson-thumbBY LINDA BAKER

On the eve of the Portland Ad Federation's Rosey Awards, Matt Anderson, CEO of Struck, talks about the transition from creative director to CEO, the Portland talent pool and whether data is the new black in the creative services sector.


Read more...

Ski traffic

News
Tuesday, January 20, 2015
0121-skiway-thumbBY LINDA BAKER | OB EDITOR

A place-based multimodal transportation plan for Mt. Hood is long overdue.


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