D&B's latest Global Business Failure Report suggests that business failures are dropping on a global basis, but still remain above the pre-recession levels. Eastern Europe was the region with the sharpest fall in business failures. Brazil, Canada, France, Germany, South Africa and the US have also seen falling insolvency.
As far as industry sectors, manufacturing looks healthy globally, with the number of business failures in the sector falling by 16.9% year on year in Q4 2010 and by 10.5% in 2010 as a whole. This compares with the 146.7% year-over-year increase in business failures in Q4 2009. Services company insolvency rates have declined as well, but less sharply than manufacturing.