Texas How are Texas-based businesses doing?

 

28 May 2020
  • In 1Q20, Texas led the US in business bankruptcy filings.
  • Though oil & gas accounts for the highest share of bankruptcies in Texas, other industries have been affected as well.

States' Share of US Business Bankruptcy Filings (left) and Liquidations (right) in 1Q20

Source: UBS Evidence Lab, United States Courts

Bankruptcies of Companies Incorporated in Texas (March 1 to mid-May)

Source: UBS Evidence Lab, Bankruptcydata.com