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U.S. Auto Body Repair Prices Up Nearly 7% in October Compared to 2020

November 12, 2021 By CollisionWeek Editor

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 […]

Filed Under: Research Tagged With: Auto Body Repair Prices, Labor Rates

Half of Collision Repair Facilities Reported Improved Sales in September Compared to Last Year

November 4, 2021 By CollisionWeek Editor

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% […]

Filed Under: Research Tagged With: Business Conditions, Employment, Parts Procurement

U.S. Gasoline Demand Above 2019 Levels in Mid-October

October 22, 2021 By CollisionWeek Editor

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 […]

Filed Under: Research Tagged With: Gasoline Consumption, Traffic Volume

U.S. Auto Body Repair Prices Up Nearly 6% in September Compared to 2020

October 15, 2021 By CollisionWeek Editor

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 […]

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

Collision Repair Industry More Comfortable with SEMA Attendance This Year

September 24, 2021 By CollisionWeek Editor

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 […]

Filed Under: Research Tagged With: SEMA

September Gas Demand Improving Despite Coronavirus Resurgence

September 17, 2021 By CollisionWeek Editor

Fuel Consumption Gas Pump

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 […]

Filed Under: Research Tagged With: Gasoline Consumption, Traffic Volume

First Quarter 2021 Collision Repair Average Weekly Wages Down 4% Compared to 2020

September 10, 2021 By CollisionWeek Editor

First Quarter 2021 Collision Repair Employment by State

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 […]

Filed Under: Research Tagged With: Collision Repair Facility Population, Wages

August Gas Demand and Interstate Traffic Not Showing Dramatic Impact from Coronavirus Resurgence

August 27, 2021 By CollisionWeek Editor

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 […]

Filed Under: Research Tagged With: Gasoline Consumption, Traffic Volume

U.S. Auto Body Repair Prices Up 5.5% in July Compared to 2020

August 18, 2021 By CollisionWeek Editor

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 […]

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

Collision Claims Down 13% in First Quarter Compared to 2020

August 12, 2021 By CollisionWeek Editor

Private Passenger Automobile Collision Claims and Losses Q1 2021

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 […]

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

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