Production in October was up both year-over-year and month-over-month.
An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary October collision repair employment, hours worked and wages indicated production was up compared to September and up from October 2023. Production in June through September had been down from the record levels achieved in May.
The production decline from the recent record high levels is expected given that, as CollisionWeek reported October 30, collision claims have declined through the first half of the year compared to last year and private
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.