The decline in the four-week moving average compared to last year continued trend of improvement that began in late December. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending January 15 was up versus the previous week and the decline in the four-week moving average compared […]
Improvement in Collision Repair Facility Sales Reversed in December
Respondents to our most recent survey indicate sales in December compared to last year were down at a greater level compared to last year than in November. A smaller percentage of collision repair facility operators responding to the most recent Collision Repair Business Conditions survey covering December reported that sales were up, reversing the improvement […]
The Four-Week Moving Average in Gasoline Consumption Improved in the Second Half of December Compared to Last Year
The four-week moving average compared to last year was down in early December but improved during the holiday period. Continued efforts to discourage Americans from traveling that began during the Thanksgiving holiday resulted in reduced gasoline consumption in the U.S in December. However, while the latest data from the U.S. Energy Information Administration (EIA) showed […]
Collision Repair Facility Sales Improved in November
Respondents to our most recent survey indicate sales in November compared to last year were still down, but less than at any time since start of pandemic. A growing percentage of collision repair facility operators responding to the most recent Collision Repair Business Conditions survey covering November reported that sales were up, reversing the drop […]
U.S. Auto Body Repair Prices Up 3.1% in November Compared to 2019
For the 28th 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 November 2020 indicate the rate of growth of auto body repair prices continues above the rate of general […]
Gasoline Consumption Down for Fourth Week in a Row
For the week ending December 4, gasoline demand was down over nearly 5% compared to the previous week and over 14% versus a year ago. Efforts to discourage Americans from traveling during the Thanksgiving holiday resulted in reduced gasoline consumption in the U.S. The latest data from the U.S. Energy Information Administration (EIA) showed that […]
Gasoline Consumption Continued Downward Trend on Thanksgiving Week
The four-week moving average is down more than 17% from year ago levels. Increasing pandemic related travel restrictions appear to have impacted passenger vehicle travel. The latest data from the U.S. Energy Information Administration (EIA) showed that gasoline consumption for the week ending November 27 was down versus the previous week and the four-week moving […]
Collision Repair Facility Sales Remain Down Over 15% in October
Respondents to our most recent survey indicate sales in October compared to last year were down slightly more than in September and August. A growing percentage of collision repair facility operators responding to the most recent Collision Repair Business Conditions survey covering October reported that sales were down, reversing a trend of lower numbers reporting […]
Gasoline Consumption Up Over 5% on Week Ending November 6 Compared to Previous Week
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 […]
Collision Claims Declined Over 35% in Second Quarter Compared to 2019
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 […]