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UPDATE! US Commercial Bankruptcies Soar (despite Rosy Scenario)

 
Anonymous Coward
User ID: 69092352
United States
06/03/2016 04:57 PM
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UPDATE! US Commercial Bankruptcies Soar (despite Rosy Scenario)
These are the largest US corporations, rated by Standard & Poor’s. But about 99% of the 19 million or so businesses in the US are small, generating less than $10 million a year in revenues, according to Dun & Bradstreet. None of them are rated by Standard & Poor’s, and none of them figure into its default rate. Another 0.96% or 182,578 businesses are medium-size with sales between $10 million and $1 billion. Only a smallish portion of them are rated by Standard & Poor’s, and only those figure into its default rate. The rest, the vast majority, are flying under Standard & Poor’s radar.

And how are they doing?



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