Shops reporting higher sales compared to 2015 increased during the first quarter. Collision repair facilities reporting higher earnings also up.
The CollisionWeek quarterly survey of business conditions reported by collision repair facility owners and managers indicates that the overall percentage of facilities with higher sales increased in the first quarter of 2016 over last year compared to last quarter’s result. The percentage with higher sales is 11 percentage points above the fourth quarter result and nearly 20 points above the average since CollisionWeek began the research in 2002.
The percentage of collision repair shops reporting higher earnings in the first