In the last post we looked at days beyond terms for the five worst industries in Alabama. Now let's look at how Alabama stacks up with the other 49 states:
In the days beyond terms category of small business credit, Alabama isn't doing too badly. We're in the second best category. Georgia and Florida in the deep south are in the worst category. So we should feel pretty good about our position in that regard.
In the bankruptcies category, we're in the second to worst category, with Georgia and Florida doing better. Mississippi is in the best category for business bankruptcies. I wonder what they're doing in Mississippi that causes their businesses to fare so much better?
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