Archive · 13 Aug 2025

US Corporate Bankruptcies Surge in July to Highest Since 2020

US Corporate Bankruptcies Surge in July to Highest Since 2020

In July 2025, many big US companies had to close down because they couldn't pay their bills.

It was the worst month for bankruptcies since the start of the COVID-19 pandemic in 2020.

In July, 71 companies filed for bankruptcy, which is more than the previous months.

A lot of companies are having a tough time because of high interest rates and problems with getting supplies.

Some well-known companies like LifeScan Global and Del Monte are also struggling.

If this keeps up, 2025 could have the most bankruptcies in a long time.

The companies that make industrial and consumer goods are especially affected.

Sources