Number of corporate bankruptcies in the US expected to be highest in 15 years

VTV.vn - According to S&P Global, from the beginning of the year to October 2025, the total number of bankruptcy filings has reached 655, nearly equal to the number of 687 filings for the whole year of 2024.

Data from S&P Global released on November 13 showed that the number of bankruptcies of large businesses in the US is on track to reach a 15-year high, reflecting increasing pressure on the business sector at a sensitive time for investors.

According to S&P Global, from the beginning of the year to October 2025, the total number of bankruptcy filings has reached 655, nearly equal to the 687 filings for the whole of 2024. October alone recorded 68 filings, the second highest of the year, only behind 76 filings in August - the highest monthly level since 2020.

The report also shows that bankruptcy filings have been on the rise since 2022, when high inflation forced the US Federal Reserve to raise interest rates. Pressure from rising input costs and falling consumer purchasing power has caused many businesses to struggle.

The industry with the most bankruptcy filings this year was manufacturing with 98 filings, followed by consumer discretionary companies with 80.

Several large companies have also filed for bankruptcy, with First Brands, an auto parts manufacturer with debts exceeding $10 billion, and Tricolor, a subprime auto lender, filing for Chapter 7 bankruptcy, leaving banks with significant losses.

This development warns of increased credit risks and potential impacts on the US financial market in general.

Source: https://vtv.vn/so-vu-pha-san-doanh-nghiep-tai-my-du-kien-cao-nhat-15-nam-100251114151853543.htm