March production edged above February as production employment increased while hours worked were unchanged. Wages growth rates moderating but remain above average.
An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary March collision repair employment, hours worked and wages indicated production was up slightly compared to February but down from March 2025. Monthly production has been down in 11 of the past 12 months compared to the previous year.
The industry’s total production, which we define as the total average weekly hours per month multiplied by the total
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.
Leave a Reply
You must be logged in to post a comment.