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Nearly 3 in 5 of the Largest U.S. Collision Repair Markets Reported Above Average Wage Growth in Third Quarter of 2019

March 5, 2020 By CollisionWeek Editor

An analysis of average weekly wages showed that a majority of the top 50 U.S. counties by auto body repair facility employment saw growth above the 4% U.S. average. An analysis of U.S. auto body repair facilities, employment and wages by county showed higher than average wage growth rates in the majority of the top […]

Filed Under: Research Tagged With: Employment, Shop Population, Wages

Traffic Volume Declined Slightly in November Compared to 2018

February 12, 2020 By CollisionWeek Editor

Traffic Volume

Compared to the same month in 2018, traffic volume in the U.S. was down slightly in November. However, the 12-month rolling average sets another new record. Travel volume in November decreased on a year-over-year basis. November’s result is the third monthly decline in traffic volume compared to the same month the previous year during 2018. […]

Filed Under: Research Tagged With: Traffic Volume

Collision Repair Industry Production Up in October Compared to 2018

January 30, 2020 By CollisionWeek Editor

Collision Repair Industry Production

Production and non-supervisory employment at record levels in U.S. collision repair facilities. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that collision repair industry production in October 2019 was up compared to October 2018 and up versus September. Production, however, remains below the record […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages

U.S. Average Length of Rental Up in Fourth Quarter of 2019

January 28, 2020 By CollisionWeek Editor

Southwest region sees largest increase during the quarter. For the fifth consecutive quarter, the average length of rental (LOR) increased across the U.S. The latest data from Enterprise Rent-A-Car shows average LOR for the fourth quarter of 2019 landed at 13.1 days in the United States, an increase of .4 days compared to Q4 2018. […]

Filed Under: Research Tagged With: Enterprise Rent-A-Car, Length of Rental

Collision Claims Up in Third Quarter of 2019

January 23, 2020 By CollisionWeek Editor

Auto physical damage indicators influencing collision repair industry volume improved during the third quarter of 2019 compared to the previous quarter. Loss cost continues to increase. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims increased in the U.S. during the 12 months […]

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

U.S. Auto Body Repair Prices Up Over 4.3% in December Compared to 2018

January 16, 2020 By CollisionWeek Editor

Inflation comparison since January 2009 auto body work, auto insurance, and CPI

For the 17th straight month, the increase in body repair prices was above the rate of inflation. Auto insurance prices increased below inflation for the past ten months. The most recent government figures on inflation through December 2019 indicate the rate of growth of auto body repair prices continues above the rate of inflation, marking […]

Filed Under: Research Tagged With: Auto Body Repair Prices, consumer price index, Inflation

Majority of Largest U.S. Collision Repair Markets Reported Above Average Wage Growth in Second Quarter

December 12, 2019 By CollisionWeek Editor

Top 50 U.S. Counties by Collision Repair Employment

An analysis of average wages showed that a majority of the top 50 U.S. counties by auto body repair facility employment saw growth above the U.S. average. An analysis of U.S. auto body repair facilities, employment and wages by county showed higher average wage growth rates in the majority of the top 50 markets in […]

Filed Under: Research Tagged With: Employment, Shop Population, Wages

Light Vehicles Involved in Police Reported Crashes up 4.2% in 2018

December 2, 2019 By CollisionWeek Editor

The number of passenger cars and light trucks involved in crashes increased last year. According to the National Highway Traffic Safety Administration (NHTSA) National Center for Statistics and Analysis report on 2018 police-reported motor vehicle crashes, the number of light vehicles involved in accidents increased versus 2017. According to the report, a total of 11,328,000 […]

Filed Under: Research Tagged With: Police Reported Crashes

Collision Repair Industry Production Up Over 3% in August Compared to 2018

November 26, 2019 By CollisionWeek Editor

Collision Repair Industry Production August 2019

Production in the U.S. was up in August versus 2018 and from the previous month. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that collision repair industry production in August 2019 was up compared to August 2018 and up versus July. Production, however, remains […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages

U.S. Independent Collision Repair Shop Population Continues to Grow in 2019

November 22, 2019 By CollisionWeek Editor

Collision Repair Shop Population 2015-2019

Data on the collision repair shop population shows the number of independent establishments continued to grow in the first quarter. The latest data from the U.S. Bureau of Labor Statistics shows that the independent collision repair facility population in the first quarter of the 2019 continued to increase in the U.S. overall. The first quarter […]

Filed Under: Research Tagged With: Shop Population

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