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August Gas Demand and Interstate Traffic Not Showing Dramatic Impact from Coronavirus Resurgence

August 27, 2021 By CollisionWeek Editor

Four-week moving average less than 3% below 2019 levels. Interstate passenger traffic at similar levels. The recovery in gasoline consumption and traffic volume continues to hold at high levels in August even with the headwinds from the resurgence of the COVID-19 pandemic during the summer. Gasoline demand had been at all-time record levels leading into […]

Filed Under: Research Tagged With: Gasoline Consumption, Traffic Volume

U.S. Auto Body Repair Prices Up 5.5% in July Compared to 2020

August 18, 2021 By CollisionWeek Editor

The increase in body repair prices was slightly above the rate of inflation after three months increasing at a lower rate.   The most recent government figures on inflation through July 2021 show the rate of growth of auto body repair prices is above the rate of general inflation after increasing at a rate below […]

Filed Under: Research Tagged With: Auto Body Repair Prices, consumer price index

Collision Claims Down 13% in First Quarter Compared to 2020

August 12, 2021 By CollisionWeek Editor

Private Passenger Automobile Collision Claims and Losses Q1 2021

While improving from the 35% decline in second quarter of 2020, the first quarter benefited from a weak comparison last year at start of pandemic. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses have continued to rebound from the historic impact from the […]

Filed Under: Research Tagged With: Claim Frequency, Claims, Losses

U.S. Length of Rental Up in Second Quarter on Comparison to Early Pandemic Months Last Year

August 5, 2021 By CollisionWeek Editor

Q2 2021 Length of Rental

The trend in the most recent Enterprise Rent-A-Car data was expected given the comparison to the start of the pandemic and other re-opening factors. Enterprise Rent-A-Car’s quarterly Length of Rental (LOR) report for the second quarter of 2021 was up anticipated for a variety of reasons. For one, we’d be comparing results against a previous […]

Filed Under: Research Tagged With: Enterprise Rent-A-Car, Length of Rental

July Gas Consumption and Interstate Traffic Continues Near Pre-Pandemic Levels

July 30, 2021 By CollisionWeek Editor

July Gas Consumption Continues Near Pre-Pandemic Levels

Following record gasoline demand on weekly basis leading into July 4 holiday, the four-week moving average has remained within 1% of 2019 levels. Interstate passenger traffic at similar levels. The recovery in gasoline consumption and traffic volume has held following the record demand leading into the July 4 holiday in the U.S. The four-week moving […]

Filed Under: Research Tagged With: Gasoline Consumption, Traffic Volume

Collision Repair Industry Production in April Up Over 20% Compared to Last Year

July 23, 2021 By CollisionWeek Editor

Production employment increased for the month, but hours worked declined compared to March. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the final April employment, hours worked and wages indicated growth on a year-over-year basis but a slight decline versus the previous month. Overall, […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages

U.S. Auto Body Repair Prices Up 5.1% in June Compared to 2020

July 14, 2021 By CollisionWeek Editor

The increase in body repair prices was below the rate of inflation for the third month in a row after 32 straight months increasing at a higher rate.   The most recent government figures on inflation through June 2021 show the rate of growth of auto body repair prices has been below the rate of […]

Filed Under: Research Tagged With: Auto Body Repair Prices, consumer price index

Gas Consumption at Record Level Entering July 4 Holiday

July 9, 2021 By CollisionWeek Editor

 Percentage Change in 4 Week Moving Average Gasoline Consumption Compared to Two Years Ago

Demand for gasoline on weekly basis was at its highest level for the week ending July 2 since start of the recordkeeping in 1991.  The recovery in gasoline consumption and traffic volume continued through June and leading into the July 4 holiday as the pandemic wanes and government restrictions on travel and gathering ease. The […]

Filed Under: Research Tagged With: Gasoline Consumption

Collision Repair Industry Production in March at Best Level Since Start of Pandemic

June 18, 2021 By CollisionWeek Editor

Collision Repair Industry Production March 2021

Production employment and hours worked both reach highest levels since year ago levels. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the final March employment, hours worked and wages indicated growth on both a month-over-month basis and on a year-over-year basis. Overall, total collision […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages

Fourth Quarter 2020 Collision Repair Average Weekly Wages Up 6.2% Compared to 2019

June 9, 2021 By CollisionWeek Editor

Q4 2020 Collision Repair Employment Wages

The decline in employment improved compared to the third quarter and wages improved substantially. An analysis of U.S. auto body repair facilities, employment and wages by state shows that collision repair employment continued to improve in the fourth quarter but remains below 2019 levels. Data from the Bureau of Labor statistics illustrates the dramatic impact […]

Filed Under: Research Tagged With: Collision Repair Facility Population, Employment, Shop Population, Wages

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