Washington, Arizona and Colorado lead the 10-state Rocky Mountain West region in the number of middle market business bankruptcies and receiverships recorded during the first half of 2021.
It appears that many middle market companies have managed to weather the pandemic-induced recession. However, it’s important to remember that bankruptcies from the Great Recession didn’t hit their peak until 2010 – a full two years after the crisis first began. The most populated states in the Rocky Mountain West also appear to be more impacted by distress than rural locations.
The Resolute Index is a quarterly summary of noteworthy trends in bankruptcy filings and receivership appointments in the 10-state Rocky Mountain West region of the United States, which includes Washington, Oregon, Idaho, Montana, Wyoming, Nevada, Utah, Colorado, Arizona and New Mexico.