NEW YORK — Bucking a national trend, business failures increased in Arizona, Nevada, Hawaii and Utah during the first nine months of the year, according to a report released today by Dun & Bradstreet Corp.
In California, where the number of shuttered businesses declined during the period, the national trend was upheld, Dun & Bradstreet said.
Nationwide, the number of shuttered businesses declined 6.3% from the year-earlier period, the company said.
In California, the number of failed businesses during the period declined 6.7% to 7,167 from 7,681.
"California has been among the best overall performers during this expansion," said Joseph W. Duncan, chief statistician for Dun & Bradstreet.
In Arizona, the number of failed businesses increased 80.5% during the nine-month period to 1,076 from 596 during the same period last year.