The Polsinelli|TrBk Distress Indices

In the 2nd Quarter 2022, the Distress Indices were stable with little change from the prior quarter.

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

The Polsinelli|TrBK Healthcare Research Index decreased more than 8 points in the first quarter of 2022 to 213.33. This index remains well below pre-pandemic levels. The Polsinelli|TrBK Chapter 11 Research Index decreased less than 1 point in the second quarter bringing it to its lowest level since the index was developed. The Polsinelli|TrBK Real Estate Distress Research Index increased less than one point in the second quarter to 19.98.

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 1st Quarter 2022 Report on August 10, 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 first quarter of 2022 is shown below.