Business Bankruptcies Dip But Sectors Struggle | Amsterdam News

Business bankruptcies dipped in June, falling 12 from last year to 302 filings — a 4% drop — though still up 15 from May. The overall failure rate hit 8.1 per 100,000 businesses, down from 8.6 a year ago, continuing a steady decline since fall 2024. But not all sectors are benefiting: transport and storage surged to nearly 40 bankruptcies per 100,000, up from 12, while industry jumped from 16.7 to 32.7. Last year’s 15% drop suggests broader economic stability — but these sectoral spikes remind us that challenges persist for some businesses. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cd6dc9cffb480850