In a recent, nationwide study on small business and consumer bankruptcies, Equifax Inc. (NYSE: EFX) identified some interesting trends that pose questions about the future direction of an economic recovery. While small business bankruptcy petitions have consistently decreased since Q2 2009, the rate of decline slowed in Q2 2011. Another intriguing development is the apparent rise in consumer bankruptcies during the second quarter of this year. According to Equifax analysis, consumer bankruptcy petitions climbed more than 4.0 percent from Q1 2011 to Q2 2011 – reaching a level not seen since the second quarter of 2009. Are these findings a possible sign of changing economic conditions in our business markets? Will these trends ensue and do more challenges lie ahead?
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