For the third quarter of 2021, the healthcare index increased while the other two indices declined (click here for the press release).

Bankruptcy filings in the United States continued at a slow pace in the third quarter of 2021.

The Polsinelli|TrBK Healthcare Research Index increased 25 points from an historic low in the 2nd quarter of 2021 to 88.33, but remains well below pre-pandemic levels. The Polsinelli|TrBK Chapter 11 Research Index declined 17 points in the third quarter bringing it to its lowest level since the first quarter of 2019. The Polsinelli|TrBK Real Estate Distress Research Index was down slightly from 22.24 in the second quarter to 21.68 in the third quarter.

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 3rd Quarter 2021 Report on October 17, 2021. 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 third quarter of 2021 is shown below.