Fewer Tulsa Businesses Opting For Bankruptcy

The robust economy has been good for small businesses and is reflected ina dramatic decline in business bankruptcies. During the first five months of 1999, 118 Tulsa businesses filed for bankruptcy.

Friday, July 30th 1999, 12:00 am

By: News On 6


The robust economy has been good for small businesses and is reflected ina dramatic decline in business bankruptcies. During the first five months of 1999, 118 Tulsa businesses filed for bankruptcy. This represents a 41.3 per cent decrease from the same period in 1998, when 201 businesses were forced to close their doors. Job growth and rising personal incomes are combining to reduce bankruptcies, particularly among service providers and retailers that are beneficiaries of increased local spending.
logo

Get The Daily Update!

Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!

More Like This

July 30th, 1999

September 29th, 2024

September 17th, 2024

July 4th, 2024

Top Headlines

December 4th, 2024

December 4th, 2024

December 4th, 2024

December 4th, 2024