At the year’s halfway point, bankruptcy filings are down year-over-year, according to figures distributed by the American Bankruptcy Institute.

Data provided by Epiq Systems showed total bankruptcy filings during the first six months of the year decreased 3 percent to 388,199 cases, down from the 399,522 total filings during the same period in 2017.

Total consumer filings also decreased slightly, decreasing 3 percent to 369,122 during the first six months of this year from the 379,464 total consumer filings during the same period a year ago.

Commercial bankruptcies registered a 5-percent decline as the 19,077 filings during the first half of 2018 represented a decrease from the 20,058 filings during the first six months of 2017.

The 2,712 total commercial Chapter 11 cases for the first half of this year represented a drop of 11 percent from the commercial Chapter 11 filing total of 3,035 for the first half of last year.

The average nationwide per capita bankruptcy filing rate for the first six calendar months decreased slightly to 2.50 (total filings per 1,000 per population) from 2.51 for the first five months.

The average total filings per day in June were 3,033, a 0.16-percent decrease from the 3,038 total daily filings in June of last year.

States with the highest per capita filing rate (total filings per 1,000 population) through the first six months of the year were:

1. Alabama (5.67)

2. Tennessee (5.48)

3. Georgia (4.53)

4. Mississippi (4.33)

5. Illinois (3.81)

Looking deeper at just the June figures, officials said total bankruptcy filings during the month fell 5 percent to 63,697 from the 66,832 total filings in June of last year. Noncommercial bankruptcies for June decreased 4 percent to 60,677 from the 63,340 filings posted last June.

ABI added that total commercial bankruptcies decreased to 3,020 filings in June from the 3,492 registered in June of last year.

ABI has partnered with Epiq Systems, a leading provider of managed technology for the global legal profession, in order to provide the most current bankruptcy filing data for analysts, researchers and members of the news media.