Industry Data
| Table 1: Industry | ||
DEFAULT RATES BY INDUSTRY |
||
Standard & Poor |
Dun & Bradstreet |
|
Industry |
Cumulative
DefaultRate(%) |
Annual
Default Rate (%) |
Aerospc/Automotv/CapGood/Metal |
8.6 |
0.83 |
HighTech/Computers/OfficeEquip |
6.6 |
1.03 |
Consumer/ServiceSector |
11.9 |
0.80 |
LeisureTime/Media |
11.2 |
0.67 |
Healthcare/Chemicals |
4.8 |
0.26 |
Forest/BldgProducts/HomeBldrs |
9.4 |
1.14 |
Energy/NaturalResources |
11.7 |
0.94 |
Utilities/Power |
2.6 |
0.51 |
Telecommunications/Communications |
2.3 |
0.75 |
Transportation |
10.1 |
1.24 |
Financial Institutions/Financial Services |
2.9 |
0.67 |
Insurance-Real Estate/Buildings-Real Estate |
4.3 |
0.59 |
Totals |
7.3 |
0.97 |
| source Column 1:Standard & Poor's CreditWeek, January 28, 1998, "Default Rates by Industry, 1981-97". | ||
| source Column 2:Dun & Bradstreet Corp.," 1996 Final, 1997 Preliminary, Business Failure Record 1988-96". | ||