While production employment declined, hours worked increased in July compared to June. Production remains above 2015 levels.
An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that total production for the collision repair industry was down in July versus the previous month, but was up from July 2015. Production, however, continues below the pre-recession peak of March 2008.
The industry’s total production, which we define as the total average weekly hours per month multiplied by the total number of production and non-supervisory workers employed each month, was 7.13 million man