The decline in the four-week moving average compared to last year continued trend of improvement that began in late December.
The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending January 15 was up versus the previous week and the decline in the four-week moving average compared to year ago levels has improved to its best level since October.
The weekly gasoline consumption statistic is a leading indicator of traffic volume that influences auto physical damage claims. Reports indicated that traffic volume during the Thanksgiving holiday was at the highest level since
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