Employment improved each month since low in April when coronavirus business restrictions took hold and lowered driving and accidents. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the final July and preliminary August employment, hours worked and wages shows continued improvement overall. However, while […]
U.S. Winter Outlook Favors Cooler and Wetter North and Warmer, Drier South
NOAA forecast sees ongoing La Nina influencing winter weather as persistent drought dominates the Western landscape. The National Oceanic and Atmospheric Administration (NOAA) winter forecast for the U.S. favors warmer, drier conditions across the southern tier of the U.S., and cooler, wetter conditions in the North, thanks in part to an ongoing La Nina. Forecasters […]
U.S. Gasoline Consumption Increased for Fourth Week in a Row on Week Ending October 2
Four-week moving average at best level compared to last year since state shutdowns began in March. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending October 2 was up versus the previous week and the four-week moving average dropped under the 9-10% range below last year’s […]
Traffic Volume in July Down Over 11% Compared to 2019
While driving was starting to increase as state lockdowns eased, travel remained considerably below previous year levels. Travel volume in July decreased substantially on a year-over-year basis. July’s result is the fifth straight monthly decline in traffic volume compared to the same month in 2019 driven by the pandemic. While traffic volume had been up […]
U.S. Gasoline Consumption Up for Second Week in a Row on Week Ending September 18
Four-week moving average remains over 9% below last year. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending September 18 was up slightly versus the previous week and the four-week moving average remains within the 9-10% range below last year’s levels. The weekly gasoline consumption statistic […]
Collision Repair Facility Sales Improved in August
Respondents to our most recent survey indicate sales in August at best level compared to last year since February. September projected to continue improving. Collision repair facility operators responding to the most recent CollisionWeek Collision Repair Business Conditions survey covering August reported that sales continued to be depressed compared to last year but had improved […]
U.S. Gasoline Consumption Up for Week Ending September 11
Weekly consumption at highest level since the start of the pandemic when compared to last year. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending September 11 was up versus the previous week and the comparison to a year ago showed the smallest decline since March. […]
Collision Repair Industry Production Continued to Rebound in June and July
After record declines in April, employment and hours worked has improved each month from May through July. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the final June and preliminary July employment, hours worked and wages shows continued improvement. However, while the declines in […]
U.S. Gasoline Consumption Above 9000 Thousand Barrels per Day for First Time Since March
For the week ending August 21, gasoline consumption hit the highest level since March 13 when shut down orders began. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending August 21 was up both versus the previous week and month. Gasoline consumption was down for the […]
U.S. Gasoline Consumption Four Week Average Up Over Last Month for Week Ending August 14
While the week-on-week numbers were down, the overall trend in gasoline demand continues upward. The latest data from the U.S. Energy Information Administration (EIA) showed that the four week moving average for gasoline consumption for the week ending August 14 was up both versus the previous week, month and year. Gasoline consumption was down for […]
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