The increase in body repair prices was above the rate of inflation. Biggest year-on-year increase since 1989. The most recent government figures on inflation through October 2021 show the rate of growth of auto body repair prices is above the rate of general inflation for the fourth month in a row. The result comes after […]
Half of Collision Repair Facilities Reported Improved Sales in September Compared to Last Year
Long-term unfilled positions at 20-year record high. Concerns that new insurance claims processes are impacting estimator retention and recruitment. Collision repair facility operators continue to see improved sales compared to the last year, but the percentage reporting higher sales declined to just over half of respondents overall. Collision repair facilities reported higher sales across 50.1% […]
U.S. Gasoline Demand Above 2019 Levels in Mid-October
For just the second time since the start of the pandemic the four-week moving average was above pre-pandemic levels. Gasoline consumption continued to improve in the first half of October despite the headwinds from the resurgence of the COVID-19 pandemic during the summer and increasing gasoline prices. Gasoline demand had been at all-time record levels […]
U.S. Auto Body Repair Prices Up Nearly 6% in September Compared to 2020
The increase in body repair prices was above the rate of inflation for the third month in a row. The most recent government figures on inflation through September 2021 show the rate of growth of auto body repair prices is above the rate of general inflation throughout the third quarter. The result comes after increasing […]
Collision Repair Industry More Comfortable with SEMA Attendance This Year
Industry attendance will be down from pre-pandemic levels as SEMA returns this year as just over half of collision repair industry respondents to our survey said they were likely or definitely planning to attend this year’s event. The majority of collision repair industry participants, insurers and suppliers who responded to a CollisionWeek survey in September […]
September Gas Demand Improving Despite Coronavirus Resurgence
Four-week moving average less than 2% below 2019 levels. The recovery in gasoline consumption continued to improve in early September despite the headwinds from the resurgence of the COVID-19 pandemic during the summer. Gasoline demand had been at all-time record levels leading into the July 4 holiday in the U.S. but has retreated to slightly […]
First Quarter 2021 Collision Repair Average Weekly Wages Down 4% Compared to 2020
The decline in employment improved compared to the fourth quarter but wages were down overall. An analysis of U.S. auto body repair facilities, employment and wages by state shows that collision repair employment continued to improve in the first quarter but remains below levels last year. Data from the Bureau of Labor Statistics illustrates the […]
August Gas Demand and Interstate Traffic Not Showing Dramatic Impact from Coronavirus Resurgence
Four-week moving average less than 3% below 2019 levels. Interstate passenger traffic at similar levels. The recovery in gasoline consumption and traffic volume continues to hold at high levels in August even with the headwinds from the resurgence of the COVID-19 pandemic during the summer. Gasoline demand had been at all-time record levels leading into […]
U.S. Auto Body Repair Prices Up 5.5% in July Compared to 2020
The increase in body repair prices was slightly above the rate of inflation after three months increasing at a lower rate. The most recent government figures on inflation through July 2021 show the rate of growth of auto body repair prices is above the rate of general inflation after increasing at a rate below […]
Collision Claims Down 13% in First Quarter Compared to 2020
While improving from the 35% decline in second quarter of 2020, the first quarter benefited from a weak comparison last year at start of pandemic. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses have continued to rebound from the historic impact from the […]
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