Prices were up both year-over-year and on a month-over-month basis. The most recent government figures on inflation through December show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 30th month in a row. The year-over-year (YoY) increase of over 4% in December was […]
Collision Repair Industry Production Down Slightly in November Compared to Last Year
Year-to-date production up over 7% as production employees and total employment reach new records. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary November collision repair employment, hours worked and wages indicated production was down on a year-over-year basis and from the previous […]
U.S. Traffic Volume Up in September Compared to 2022
Traffic up compared to last year both for the month and year-to-date. Traffic volume in September increased compared to the previous year for the ninth month in a row after two monthly declines at the end of 2022. Traffic volume was above last year, and it was also above September 2019 prior to the impact […]
U.S. Auto Body Repair Prices Up Over 3% in October Compared to Last Year
Prices were up year-over-year, but declined on a month-over-month basis. The most recent government figures on inflation through October show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 28th month in a row, but the year-over-year (YoY) rate of increase continues to decline […]
Collision Repair Industry Production Up Over 3% in September Compared to Last Year
Year-to-date production up over 9%. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary September collision repair employment, hours worked and wages indicated production was up on a year-over-year basis but down from the previous month. Overall, total collision repair industry employment in […]
Collision Claims in Second Quarter Down Compared to 2022
While claims in the second quarter were down versus last year, losses were up. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the post-pandemic rebound in claims stalled in the second quarter of 2023, but losses continued to grow to record levels. Collision coverage claims for […]
U.S. Auto Body Repair Prices Up Nearly 6% in September Compared to Last Year
Prices were both on a year-over-year and month-over-month basis. The most recent government figures on inflation through September show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 27th month in a row, but the year-over-year (YoY) rate of increase continues to decline compared […]
Collision Repair Industry Production Up Over 11% in July Compared to Last Year
Production was also up from June on growth in employment. Total industry set another new record for the sixth month in a row. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary July collision repair employment, hours worked and wages indicated production was […]
Top 10 Auto Insurance Companies by State in 2022
The latest report on the U.S. private passenger auto insurance market from the NAIC details the top 10 insurers in each state in 2022 as well as the size of each market overall. Data from the National Association of Insurance Commissioners (NAIC) provides a detailed view on the size and scope of the private passenger […]
U.S. Auto Body Repair Prices Up Over 5% in July Compared to Last Year
Prices were also up on a month-over-month basis. The most recent government figures on inflation through July show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 25th month in a row, but the year-over-year (YoY) rate of increase continues to decline compared to […]
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