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Gasoline Consumption Up Over 5% on Week Ending November 6 Compared to Previous Week

November 18, 2020 By CollisionWeek Editor

Gasoline Consumption November 6 2020

The four-week moving average remains over 10% below year ago levels. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending November 6 was up versus the previous week and the four-week moving average remained below the 10% level compared to last year. The weekly gasoline consumption […]

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

Collision Claims Declined Over 35% in Second Quarter Compared to 2019

November 13, 2020 By CollisionWeek Editor

Claims and Losses Q2 2020

Coronavirus lockdowns in the U.S. dramatically impacted quarterly claims and losses in the first half of 2020. Earned car years, however, continued to grow. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) quantifies the historic impact of coronavirus lockdowns on private passenger collision claims and losses during the […]

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

Four-Week Moving Average U.S. Gasoline Consumption Down Nearly 11% Compared to Last Year on Week Ending October 30

November 6, 2020 By CollisionWeek Editor

Fuel Consumption Gas Pump

The four-week moving average has declined four straight weeks to its lowest level compared to last year since before July 4 holiday. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending October 30 was down versus the previous week and the four-week moving average dropped below […]

Filed Under: Research Tagged With: Gasoline Demand

Collision Repair Facility Sales Remain Down Over 14% in September

October 30, 2020 By CollisionWeek Editor

Respondents to our most recent survey indicate sales in September compared to last year were down slightly more than in August. October projected to restart improvement. While more collision repair facility operators responding to the most recent Collision Repair Business Conditions survey covering September reported that sales were up, the shop-size weighted sales comparison to […]

Filed Under: Research Tagged With: Business Conditions

Traffic Volume in August Down Over 12% Compared to 2019

October 21, 2020 By CollisionWeek Editor

August 2020 Percentage Change in 2020 Traffic Volume Compared to 2019 by Month

Of concern, the improvement in traffic volume compared to last year paused at the end of summer, down over 1 percentage point below July. Travel volume in August decreased substantially on a year-over-year basis and the decrease was greater than that recorded in July. Travel for the month of August is estimated at 251.3 billion […]

Filed Under: Research Tagged With: Traffic Volume

Collision Repair Industry Production Increase in July and August on Month-Over-Month Basis

October 20, 2020 By CollisionWeek Editor

Collision Repair Industry Production July and August 2020

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 […]

Filed Under: Research Tagged With: Collision Repair Industry Production

U.S. Winter Outlook Favors Cooler and Wetter North and Warmer, Drier South

October 16, 2020 By CollisionWeek Editor

NOAA winter forecast 2020

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 […]

Filed Under: Research Tagged With: NOAA, Winter Forecast

U.S. Gasoline Consumption Increased for Fourth Week in a Row on Week Ending October 2

October 9, 2020 By CollisionWeek Editor

Fuel Consumption Gas Pump

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 […]

Filed Under: Research Tagged With: Gasoline Demand

Traffic Volume in July Down Over 11% Compared to 2019

October 1, 2020 By CollisionWeek Editor

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 […]

Filed Under: Research Tagged With: Traffic Volume

U.S. Gasoline Consumption Up for Second Week in a Row on Week Ending September 18

September 25, 2020 By CollisionWeek Editor

Weekly Gasoline Consumption September 18, 2020

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 […]

Filed Under: Research Tagged With: Gasoline Demand, Weekly Economic Index

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