The Polsinelli|TrBk Distress Indices

In the 4th Quarter 2022, the Distress Indices were relatively unchanged compared to the prior quarter. The Polsinelli|TrBK Healthcare Research Index experienced the largest decline.

Polsinelli|TrBK Indices

Bankruptcy filings in the United States continued at a slow pace in the fourth quarter of 2022.

The Polsinelli|TrBK Healthcare Research Index decreased over 61 points in the fourth quarter of 2022 to 125.00. This index remains well below pre-pandemic levels. The Polsinelli|TrBK Chapter 11 Research Index was nearly the same as the third quarter slightly up from record lows. The Polsinelli|TrBK Real Estate Distress Research Index increased nearly one point from the last quarter. This index moved very little in 2022.

The indices are contrarian indicators of economic performance, so that a low index value is likely to occur in a strong economy, and a higher index value is likely to occur when financial distress is escalating.

Polsinelli|TrBK Distress Indices released the 4th Quarter 2022 Report on January 30, 2022. The indices use filtered Chapter 11 filings as a proxy for distress in the overall U.S. economy and certain sub-sectors. A summary of the data for the fourth quarter of 2022 is shown below.