U.S. Corporate Bankruptcies Reach 15-Year High Due to Pessimistic Consumer Mood, Report Claims
Record High of Large US Company Bankruptcies in the First Half of 2025
A market analyst and editor-in-chief of the popular news platform The Kobeissi Letter, Adam Kobeissi, has warned his 898,600 followers on social media about the alarming surge in bankruptcies among large US companies in 2025. He attributes this trend to data from S&P Global Market Intelligence showing that 246 large American firms have filed for bankruptcy this year, marking a 15-year high.
The figures represent a steep rise compared to the previous year, with 206 bankruptcies recorded, and more than double the number during the same period in 2022. Moreover, April 2025 proved to be particularly challenging, as the US saw 59 bankruptcy filings that coincided with the peak of President Trump's trade war.
The industrials sector alone has seen 41 bankruptcies, followed by 31 in the consumer discretionary and 17 in the healthcare sector, according to S&P Global. The analyst speculates that consumer discretionary companies have been hit hardest due to market volatility, tariffs, and inflation uncertainty.
In addition, consumer sentiment, as measured by the Consumer Sentiment index, has declined. The index fell by 1.4 points, reaching 52.2 - the second-lowest reading in the history of the survey. The current conditions component dropped by 2.2 points, reaching the second-weakest level on record, while consumer expectations decreased by 0.8 points, reaching a 45-year low. These figures indicate that American consumers' concerns about the economy are growing.
The findings suggest that the wave of bankruptcies and the deteriorating consumer sentiment are interlinked, creating uncertainty in the US economy. For more information and up-to-date news about the crypto market, financial news, and industry announcements, visit The Daily Hodl on Telegram, Facebook, and X.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Always do your own due diligence before investing in Bitcoin, cryptocurrency, or digital assets.
Reference(s):- S&P Global Market Intelligence- The Consumer Sentiment index
Generated Image: Midjourney
Industry Announcements- Falcon Finance and HOT Wallet partner to deliver scalable on-chain yield and USDf utility to retail users (May 27, 2025)- Cache Wallet begins token sale with early demand and asset recovery breakthrough (May 27, 2025)- Gomble Games launches Gomble Builders - a Web 3.0 game creation platform built by communities, for the masses (May 26, 2025)- Flipster launches APR Supercharge with up to 122% yield on USDT, setting a new competitive benchmark (May 26, 2025)- Venom Foundation achieves 150,000 TPS in closed-network stress test, paving the way for 2025 Mainnet Upgrade (May 23, 2025)- XDC Network's XVC Tech announces investment in Laser Digital Carry Fund, launches institutional fund infrastructure with Libre (May 22, 2025)- Psy develops the first trustless bridge from Dogecoin to Solana (May 22, 2025)
Copyright © 2017-2025 The Daily Hodl. Join us on Telegram, Facebook, and X for updates.
While the large US company bankruptcies in 2025 reach a 15-year high, the crypto market continues to evolve with industry announcements. Notably, Falcon Finance and HOT Wallet have partnered to deliver scalable on-chain yield and USDf utility to retail users, highlighting the growth and diversification in the crypto and business landscape. Meanwhile, the ongoing concerns about the economy, as indicated by the declining consumer sentiment, may impact not only traditional finance but also the future of altcoins and blockchain technology.