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 […]
Government Jobs Report Shows Surprising Strength as Unemployment Rate Declined in May
Employers brought more people back to work in May than expected in hopeful sign of a faster economic recovery. The latest report from the U.S. Bureau of Labor Statistics released this morning showed that total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent. The result surprised […]
Passenger Traffic Volume Up 3% Last Week
Passenger travel improvements occurred in every state for the sixth week in a row amid Memorial Day holiday. According to the latest INRIX U.S. National Traffic Volume Synopsis covering the week of May 23-29, overall travel stabilized for the week as personal travel increased but long-haul truck and fleet travel were impacted by the holiday. […]
Traffic Volume Improved Last Week at Largest Rate Since Start of Coronavirus Crisis
Four states and one metropolitan area exceeded pre-crisis traffic levels. According to the latest INRIX U.S. National Traffic Volume Synopsis covering the week of May 16-22, travel for the week increased at the highest rate since reaching a bottom in early April. Passenger travel continued to trend upwards with its largest weekly increase, down 19% […]
U.S. Length of Rental Up in April in Wake of Pandemic Response
The latest data show length of rental up over two days nationally. Enterprise Rent-A-Car’s Length of Rental (LOR) reports have long served as an industry proxy for repair cycle times. Enterprise measures LOR by three main vehicle statuses: Drivable, Non-drivable and Total Loss. Factors such as storms and changes to vehicle mix can affect LOR, […]
Vehicle Travel Continues to Rebound Across the U.S.
Personal travel road traffic improved nationally and in every state for the week ending May 15. According to the latest INRIX U.S. National Traffic Volume Synopsis covering the week of May 9-15, for the fourth straight week travel continued to rebound across the U.S. Nationwide personal travel improved to levels last seen on Monday, March […]
Nearly 9 out of 10 Collision Repair Facilities in U.S. Report Lower Sales in April
Collision repair facilities remain open but business has slowed dramatically. More than 70% of shops report receiving government funding. The vast majority of collision repair facilities responding to a CollisionWeek study are open, but have reported further declines in sales versus March due to the coronavirus response. Operator sentiment on their business survival has improved […]
Gas Consumption Up 11% Last Week
Government statistics continue to show dramatic improvements, but weekly consumption is still down over 20% from mid-March levels. There is more good news on the state of economic activity as for the third straight week, data from the U.S. Energy Information Administration (EIA) showed gasoline consumption increased by more than 10% versus the previous week. […]
Traffic Volume Improved Across All States and Regions for Week Ending May 8
Decline since start of pandemic response now below 30 percent nationally. Gasoline prices show increases on higher demand. According to the latest INRIX U.S. National Traffic Volume Synopsis covering the week of May 2-8, travel continued to rebound across the U.S. Nationwide personal travel improved levels last seen on Monday, March 23, over six weeks […]
Gas Consumption Jumped Over 13% Last Week
Government statistics showed dramatic improvements as states began reopening, but weekly consumption is still significantly below mid-March levels. There is more good news on the state of economic activity as for the second straight week, data from the U.S. Energy Information Administration (EIA) showed gasoline consumption increased by more than 10% over the previous week. […]
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