The Polsinelli|TrBk Distress Indices

In the latest Q2 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:

• The Chapter 11 Distress Research Index was 91.87 for the second quarter of 2024. The Chapter 11 Index increased over 7 points since the last quarter. Compared with the same period one year ago, the Index has increased over 40 points and compared with the benchmark period of the fourth quarter of 2010, it is down over 8 points;
• The Health Care Services Distress Research Index was 1241.67 for the second quarter of 2024. The Health Care Index increased over 328 points since the last quarter. Compared with the same period one year ago, the Index has increased over 653 points and compared with the benchmark period of the fourth quarter of 2010, it is up over 1141 points. This is the highest the Health Care Index has registered since the Indices started tracking the data 13 years ago beating the previous highs from each of the last four quarters; and
• The Real Estate Distress Research Index was 53.91 for the second quarter of 2024. The Real Estate Index increased over 6 points since the last quarter. Compared with the same period one year ago, the Index is over 27 points higher and compared with the benchmark period of the fourth quarter of 2010, it is down over 46 points.

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.