After record declines in April, employment and hours worked rebounded significantly as economy started to reopen. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the final May and preliminary June employment, hours worked and wages shows significant improvement. But, the stark picture of the […]
U.S. Gasoline Consumption Up Over 3% for Week Ending August 7
After decreasing the previous week at the largest rate in eleven weeks, week-on-week gas supplied to the U.S. market increased. The latest data from the U.S. Energy Information Administration (EIA) showed gasoline consumption was up for the week ending August 7. The result comes after a decrease for the week ending July 31 that was […]
Improvements in Collision Repair Facility Sales Paused in July
Respondents to our most recent survey indicate that the improvements in sales in May and June backtracked slightly during July. Collision repair facility operators project August sales to improve. Collision repair facility operators responding to the most recent CollisionWeek Collision Repair Business Conditions survey covering July, reported that sales continued to be depressed compared to […]
U.S. Gasoline Consumption Down Over 2% for Week Ending July 31
After increasing the previous week at the largest rate in six weeks, week-on-week gas supplied to the U.S. market declined for the third time in four weeks. The latest data from the U.S. Energy Information Administration (EIA) showed gasoline consumption was down for the week ending July 31. The result comes after an increase for […]
U.S. Gasoline Consumption Up 3% for Week Ending July 24
After two weeks of declines, the week-on-week gas supplied to the U.S. market showed the largest percentage increase in six weeks. The latest data from the U.S. Energy Information Administration (EIA) showed gasoline consumption was up for the week ending July 24. The result comes after two weeks in a row that consumption declined. The […]
U.S. Gasoline Consumption Down for Second Consecutive Week
While the week-on-week gas supplied to the U.S. market was down, the four week moving average remained less than 10% below last year. The latest data from the U.S. Energy Information Administration (EIA) showed gasoline consumption was down slightly for the week ending July 17, the second week in a row that consumption declined. For […]
Collision Repair Facilities Report Sales Improved in June Compared to April and May
While the majority of collision repairers continue to report sales declines compared to 2019, the size of the decline has reduced compared to previous months that were impacted by the pandemic response. Collision repair facility operators responding to the most recent CollisionWeek Collision Repair Business Conditions survey covering June, reported that sales continued to be […]
Four Week Moving Average of Gas Consumption Under 10% Below Last Year Week Ending July 10
Week-on-week gas supplied to the U.S. market was down. Just five states showed an increasing driving trend on post-holiday week. The latest data from the U.S. Energy Information Administration (EIA) showed gasoline consumption was down slightly for the week ending July 10 compared to week leading into the July 4th holiday. For the week ending […]
Collision Repair Length of Rental Up Slightly in the U.S. During Second Quarter Compared to 2019
As the impact of pandemic response took hold in April, length of rental increased substantially. May and June, however, were down. The past three months have been interesting, to say the least, so it comes as no surprise that average Length of Rental (LOR) in the U.S. during the second quarter of 2020 should follow […]
Gas Consumption Was Up Leading into July 4 Holiday Weekend
Four week moving average of gas supplied to the U.S. market is now down less than 13% compared to last year. More good news on the economy as data from the U.S. Energy Information Administration (EIA) showed gasoline consumption was up for the week ending July 3 after a less than 1% decrease the previous […]
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