Compared to the same month the previous year, traffic volume decreased for the first time in four years Travel volume in February decreased on a year-over-year basis. The decline marks the first lower traffic volume rate since back to back declines in January and February 2014. Increased driving, coupled with higher numbers of new, insured […]
Independent Collision Repair Facility Population Continues to Increase in the U.S.
Latest data from U.S. Bureau of Labor Statistics shows the number of independent collision repair facilities grew in 2016. Combined dealer and independent shop population up. The latest available data from the U.S. Census Bureau County Business Patterns annual research series covering 2016 shows that the number of independent collision repair businesses with payroll increased […]
Collision Claims Down in Fourth Quarter
Auto physical damage indicators influencing the collision repair industry declined for the second quarter in a row during the fourth quarter of 2017. Claims and losses continue above year ago levels. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims declined and losses […]
Collision Repair Industry Production Down in December
Production was down in December versus 2016 and November. For the year, production was up compared to 2016. Production hourly wage up over 13 percent. 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 December continued to decline slightly […]
Collision Repair Industry Business Conditions: Q4 2017
Collision repair shops reporting higher sales down slightly compared to 2016. Shops reporting higher earnings declined in the fourth quarter. The CollisionWeek quarterly survey of business conditions reported by collision repair facility owners and managers indicates that the overall percentage of facilities with higher sales was down slightly in the fourth quarter of 2017 compared […]
Percentage of Dealers Operating Auto Body Shops Up in 2017
While the percentage of dealers operating facilities is up, dealership collision repair shop sales decreased last year versus 2016. According to the latest research from the National Automobile Dealers Association (NADA), the percentage of dealership operating on-site body shops was up in 2017 versus the previous year. NADA’s research pegs the percentage of dealers operating […]
Largest Auto Insurers Continue to Grow Market Share in the U.S.
The largest private passenger auto insurers in the U.S. continued to capture greater market share in 2017. Change in rank of top 10 auto insurers. Since 2000, the largest private passenger automobile insurers in the U.S. have been steadily growing their combined market share and more than half of all private passenger auto insurance in […]
U.S. Auto Body Repair Prices, Auto Insurance Outpaced Inflation Through February
Auto body repair prices in February were up less than three percent compared to year ago. Auto insurance prices were up almost 10 percent during the same period. The most recent government figures on inflation through February 2018 indicate the rate of growth of auto body repair prices has declined somewhat over the past few […]
Traffic Volume Gains Continued in December
December traffic grew 0.7 percent for the month compared to 2016. Travel for the full year up 1.2 percent. Travel volume in December continued to increase, though the rate was lower than experienced in the U.S. in recent years. The growth is continuing the trend of increased driving that supports higher collision repair industry volume […]
Collision Repair Industry Production Up in November
While below the record levels of weekly production recorded earlier this year, production was up in November versus 2016, but down from October. 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 November continued to decline slightly from the […]
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