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2024: US corporate bankruptcies soar to 14-year high

Summary by tradesecurely.ca
The total number of filings in 2024 reached 694, according to the latest data from S&P Global Market Intelligence. The 2024 figure is the largest single-year total since 2010, a year marked by the aftermath of the Great Recession. 2024 also surpasses the 635 filings in 2023 and the 638 filings in 2020, which had previously marked the highest level in the past decade due to the impact of the COVID-19 pandemic. Read More Learn how Trade Credit…

7 Articles

Center

Not all data has been collected yet, but there are indications: in 2024, more than 20,000 companies will apparently file for bankruptcy. That would be the highest number in the last ten years.

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Lean Left

More than 66,000 businesses went bankrupt in 2024, 260,000 jobs were at risk.

·Strasbourg, France
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Lean Right

DECRYPTION - 240,000 employees could see their jobs threatened this year by the difficulties of their company.

·Paris, France
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LVZ - Leipziger VolkszeitungLVZ - Leipziger Volkszeitung
Reposted by
rnd.dernd.de

The economic crisis is leading to more and more bankruptcies. Experts are also expecting a record high for the current year.

·Leipzig, Germany
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More than 66,000 companies went bankrupt in 2024 in France, a record level since at least 2009, according to the annual report of BPCE l'Observatoire published on Wednesday. In total, 260,000 jobs were threatened in 2024 by these failures.

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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right

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Le Figaro broke the news in Paris, France on Wednesday, January 8, 2025.
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