U.S. corporate bankruptcy filings rose in August, according to new data from S&P Global Market Intelligence.
The S&P Bankruptcy Tracker found that there were 38 filings last month, up from 31 in July. The industrials sector has been hit the hardest in 2022, with 41 filings year to date, followed by the consumer discretionary sector, which has submitted 38 filings so far this year. The health care sector also made the list, as 23 firms filed for bankruptcy.
