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.
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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