Oregon's small business bankruptcies reached a 12-year high in 2025. Approximately 250 businesses filed for bankruptcy protection statewide. This surge reflects a national trend driven by higher interest rates and rising costs. Layoffs at large employers like Intel and Nike also affected the local economy. Smaller firms and nonprofits face financial stress, including unpaid invoices.
https://hoodline.com/2026/02/layoffs-pile-up-as-portland-biz-bankruptcies-soar-to-12-year-high/