“Bankruptcy filings are a lagging economic indicator so it’s likely that we’ll see bankruptcy filings increase for the next several quarters,” he said.<\/span><\/p>\n Through the first 10 months of the year, 74,832 businesses filed for bankruptcy, a 16% increase from the same period last year.<\/span><\/p>\n The total number of October bankruptcies, including both personal and commercial filings, increased 20% from the same month last year. “<\/span><\/p>\n It is hard to be optimistic in this business environment, and yet our sales continue to grow as people embrace alternatives to save money.<\/p>\n 2009 has been a tumultuous business year and many of our customers have cut back on new equipment purchases. Today in the Wall Street Journal there was an article with the following headline. “Business Bankruptcy Filings Increased 7% in October” … Continue reading 