24 Jul Dun & Bradstreet released the 2019 Global Bankruptcy Report
The report reveals that business failures have declined globally, despite increased economic challenges. With global economic challenges on the rise, most regions are forecasted to grow more slowly than in 2018, with the number of business failures forecast to increase in the coming months.
“The Global Bankruptcy report is yet another reminder of the continuing challenges many businesses face in this current uncertain climate,” Markus Kuger, Lead Economist at Dun & Bradstreet said. “Our growth forecasts for 2019 have been revised downwards since the start of the year and slower growth is expected in most regions. As a consequence, Dun & Bradstreet’s Country Insight Team has also downgraded the country risk rating of eight economies since the start of 2019, compared with only three upgrades.”
A copy of the full report, including detailed analysis by country and region is available on: