Good news on the economic front according to the Wall Street Journal commercial bankruptcies fell 24% to a pre-financial crisis level of 43,934. 2007 the first year of the fiscal meltdown saw 46,132 commercial bankruptcies, in 2012 the number was 57,702.
Additionally my conversations with consumer bankruptcy attorneys also show a marked decline in filings. I havent yet seen the final numbers but I expect them to also be down significantly.
Lets all hope that 2014 is a banner economic year.
