U.S. Bankruptcy Filings Increase Since 2022

Why it matters locally: The increase in U.S. bankruptcy filings reflects a national trend that could impact Iowa's businesses and individuals, potentially affecting various sectors within the state's economy.

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Bankruptcy filings in the United States have increased by an estimated 48% in the period spanning 2022 to 2025. This increase represents a change in the national bankruptcy rate. Despite this recent rise, current bankruptcy levels remain below those recorded prior to the global pandemic.