There’s improvement among small businesses.
Atlanta and its northern suburbs experienced the largest decline in small business bankruptcies in the third quarter among metropolitan areas in a new study, AJC staffer David Markiewicz reports.
The number of small businesses in the Atlanta-Sandy Springs-Marietta area that filed for bankruptcy from July through September fell to 296 from 402 for the same period of 2009, according to an analysis by Atlanta-based Equifax.
The nearly 27 percent decline led the 15 U.S. markets with the most bankruptcies, Markiewicz writes. Chicago-Naperville-Joliet, Ill. posted the second-largest decrease, at about 17 percent.
Overall, 11 of the metro areas studied saw decreases from 2009, Markiewicz reports.
Equifax called small business bankruptcy filings “a key indicator of the financial health of business markets across the United States.”
Also in the AJC:
In other media:
- Henry Unger, The Biz Beat
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