Business Failures Rise Dramatically: Dun & Bradstreet...
From Times Staff and Wire Reports
Business Failures Rise Dramatically: Dun & Bradstreet Corp. said U.S. business failures rose 58% in April, compared to a year ago, evidence that the recession is continuing. The business information company’s monthly analysis of business bankruptcies tallied 7,459 business failures in April, 1991, compared to 4,709 in April, 1990. All but six states, and every major industry group, reported increases. The Pacific region was especially hard hit; failures there grew 85.4% to 1,485.
