The Polsinelli|TrBk Distress Indices

Bankruptcy filings in the third quarter of 2024 continued to increase; the Healthcare Index sets yet another record.

Polsinelli|TrBK Indices

In the latest Q3 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 95.16 for the third quarter of 2024. The Chapter 11 Index increased over 3 points since the last quarter. Compared with the same period one year ago, the Index has increased over 37 points and compared with the benchmark period of the fourth quarter of 2010, it is down over 4 points.
  • The Health Care Services Distress Research Index was 1,256.67 for the third quarter of 2024. The Health Care Index increased over 15 points since the last quarter. Compared with the same period one year ago, the Index has increased over 600 points and compared with the benchmark period of the fourth quarter of 2010, it is up over 1,156 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 six quarters.
  • The Real Estate Distress Research Index was 55.70 for the third quarter of 2024. The Real Estate Index increased nearly 2 points since the last quarter. Compared with the same period one year ago, the Index is over 24 points higher and compared with the benchmark period of the fourth quarter of 2010, it is down over 43 points.

Polsinelli|TrBK Distress Indices released the 3rd Quarter 2024 Report on November 12, 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.