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Article: Small-Business Bankruptcy Filings Up 44% Year-over-year, Equifax Data Shows.
- Article from:
- PR Newswire
- Article date:
- November 2, 2009
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Eastern U.S. Recovering Faster than West
ATLANTA, Nov. 2 /PRNewswire-FirstCall/ -- Commercial bankruptcies among the nation's more than 25 million small businesses increased by 44% from the third quarter of 2008 to the third quarter of 2009, according to Equifax Inc. , which analyzes its comprehensive small business database for the on-going study.
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Comparing the month of September 2008 to September 2009 shows an increase of 27 percent. There were 9361 bankruptcy filings in September 2009 throughout the U.S., up from 7386 a year ago, according to the data.
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