The Polsinelli|TrBk Distress Indices

Bankruptcy filings in the United States increased significantly in the second quarter of 2023.

The Polsinelli|TrBK Healthcare Research Index increased to its highest level ever in the second quarter of 2023 to 588.33 points, an increase of 375 points in the past year. The Polsinelli|TrBK Chapter 11 Research Index increased nearly 30 points in the second quarter compared to the prior year. The Polsinelli|TrBK Real Estate Distress Research Index increased over six points in a year. All the Indices have shown accelerating growth over the past year.

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 2nd Quarter 2023 Report on July 25, 2023. 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 second quarter of 2023 is shown below.