Just three states reported growth in employment in third quarter compared to previous year. Average weekly wage up less than one percent. An analysis of U.S. auto body repair facilities, employment and wages by state illustrates the dramatic impact of the pandemic on collision repair employment and the total wages paid to employees. Average weekly […]
Gasoline Consumption and Mobility Increased After February Storms
After declining the week winter storms hit at highest rate since April, gasoline consumption bounced back at third highest rate since May’s recovery began. Dallas Fed Mobility Index at best level since start of pandemic. The impact of severe winter storms that caused widespread power outages in Texas and hazardous driving conditions elsewhere impacted mobility […]
Higher Percentage of Collision Repair Facilities Reported Sales Up in January Compared to Last Year
While more repairers report higher sales, the average increase was lower. More collision repair operators believe pandemic impact on sales getting worse than better. A larger percentage of collision repair facility operators responding to the most recent Collision Repair Business Conditions survey covering January reported that sales were up, but the amount of increase was […]
Gasoline Consumption Improved in First Half of February
The rate of consumption was up for last two weeks on week-over-week basis. Decline in the four-week moving average in the first half of February drops below 10% level. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending February 12 was up for the second week […]
Collision Claims Remained Down Over 20% in Third Quarter Compared to 2019
After declining more than 35% in the second quarter, collision claims recovered as stay-at-home orders eased. Earned car years grew at highest rate in three years. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the historic impact of coronavirus lockdowns on private passenger collision claims and […]
Gasoline Consumption Continued to Improve in January
The decline in the four-week moving average in January compared to last year was less than in December. While interstate traffic volume is up, more than a third of U.S. households still have at least one person working from home at least part of the time. The latest data from the U.S. Energy Information Administration […]
Gasoline Consumption Improved in the First Half of January
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 […]
Improvement in Collision Repair Facility Sales Reversed in December
Respondents to our most recent survey indicate sales in December compared to last year were down at a greater level compared to last year than in November. A smaller percentage of collision repair facility operators responding to the most recent Collision Repair Business Conditions survey covering December reported that sales were up, reversing the improvement […]
The Four-Week Moving Average in Gasoline Consumption Improved in the Second Half of December Compared to Last Year
The four-week moving average compared to last year was down in early December but improved during the holiday period. Continued efforts to discourage Americans from traveling that began during the Thanksgiving holiday resulted in reduced gasoline consumption in the U.S in December. However, while the latest data from the U.S. Energy Information Administration (EIA) showed […]
Collision Repair Facility Sales Improved in November
Respondents to our most recent survey indicate sales in November compared to last year were still down, but less than at any time since start of pandemic. A growing percentage of collision repair facility operators responding to the most recent Collision Repair Business Conditions survey covering November reported that sales were up, reversing the drop […]
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