The Polsinelli|TrBk Distress Indices
Bankruptcy filings continue to increase in the first quarter of 2024; The Healthcare Index sets yet another record.
![Polsinelli|TrBK Indices](https://s3.amazonaws.com/distress-index/header_2023.jpg)
In the latest Q1 2024 Polsinelli-TrBK Distress Indices Report, the U.S. economy continues to see increased distress levels across the board. Since the Distress Indices began tracking data in 2010:
- General Chapter 11 filings are up significantly, reaching 2020 pandemic levels;
- Health care distress is at its highest level in 15 years - 813% higher than it was in 2010 (at the end of the Great Recession) and nearly 80% higher than in 2020 (the pandemic); and
- Real estate has seen the largest increase in distress since 2010, jumping nearly 30% since last quarter.
Each of the three Distress Indices reviewed increased since last quarter, the third time in a row we have seen an across the board increase in bankruptcy filings.
Polsinelli|TrBK Distress Indices released the 1st Quarter 2024 Report on May 15, 2024. 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 is shown below.