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This will probably be an ongoing pattern for some months. L.A. bankruptcy filings for June rose 70.2 percent from a year earlier. OC was up 77.2 percent. Nationwide, it was 36.5 percent (all these increases cover both individuals and businesses). California has been hit harder because so much of the economy is tied to real estate and financial services. (OC Register)
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.