While week-on-week deliveries were down, the four week moving average of gas supplied to the U.S. market is now down less than 16% compared to 2019. Data from the U.S. Energy Information Administration (EIA) showed gasoline consumption was down slightly for the week ending June 26 after a large increase the previous week. For the […]
Overall Vehicle Travel Reached Pre-Pandemic Levels Week Ending June 26
The decline in traffic volume in the U.S. that began in March has been erased, though traffic remains below seasonally adjusted levels. The latest INRIX U.S. National Traffic Volume Synopsis covering the week of June 20 – June 26 shows traffic volume in the U.S. returned to pre-pandemic levels overall. The 7-day rolling passenger travel […]
Gas Consumption Up Over 9% for Week Ending June 19
The 4-week moving average of gasoline supplied to the U.S. market now down less than 20% compared to 2019. There is more good news on the state of economic activity as data from the U.S. Energy Information Administration (EIA) showed gasoline consumption up as the economy continues to open. For the week ending June 19 […]
Collision Repair Facilities Report Sales Declines Worsened in May
Over 9 out of 10 collision repairers reported lower sales in May compared to 2019. Shop size weighted sales decline increased over April. Collision repair facility operators responding to the most recent CollisionWeek Collision Repair Business Conditions survey covering May, reported sales continued to be depressed by the pandemic response that took cars off of […]
Personal Traffic Volume Up 4 Percentage Points for Week Ending June 19
Traffic now down just 3% from February and approximately 17% compared to last year. The INRIX U.S. National Traffic Volume Synopsis covering the week of June 13-19 showed continued improvement in traffic volume as states ease stay-at-home orders and businesses reopen. Nationally, when compared to the late February control week, personal travel down 3% vs. […]
Collision Repair Length of Rental in May Down in the U.S. Compared to Last Year
Eight states had a decrease of one day or more from 2019. The collision industry was affected in many ways by the COVID-19 pandemic – repair volume, transportation shutdowns, customer concerns, and process disruptions. In April 2020, Enterprise Rent-A-Car analyzed these impacts on its Length of Rental (LOR) across the three main vehicle statuses: Drivable, […]
Personal Vehicle Traffic Volume Above February Levels in 22 States for the Week Ending June 12
Personal travel across the U.S. was down 7% compared to February and 20% compared to last year. According to the latest INRIX U.S. National Traffic Volume Synopsis covering the week of June 6-12 the rebound in personal vehicle traffic continued as more states reopen for business. The chart below shows the relative change in passenger […]
Gas Consumption Up Over 4% for Week Ending June 5
Government statistics continue to show week over week improvements, but the 4-week moving average is still down over 20% compared to 2019. There is more good news on the state of economic activity as for the third straight week and eight of the last nine weeks, data from the U.S. Energy Information Administration (EIA) showed […]
U.S. Auto Body Repair Prices Up Over 4.5% in May Compared to 2019
For the 22nd straight month, the increase in body repair prices was above the rate of inflation. Auto insurance prices down dramatically in wake of pandemic refunds and discounts. The most recent government figures on inflation through May 2020 indicate the rate of growth of auto body repair prices continues above the rate of general […]
Personal Vehicle Travel Up 4% Week Ending June 5
Vehicle travel still down 12% from February and 25% on seasonally adjusted basis. The latest INRIX U.S. National Traffic Volume Synopsis covering the week of May 30 – June 5 shows overall travel continued to increase nationwide across all vehicle types in the 12th week of the pandemic response induced decline. Personal travel was down […]
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