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U.S. Traffic Volume Up in September Compared to 2022

November 21, 2023 By CollisionWeek Editor

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 […]

Filed Under: Research Tagged With: Traffic Volume

U.S. Auto Body Repair Prices Up Over 3% in October Compared to Last Year

November 16, 2023 By CollisionWeek Editor

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 […]

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

Collision Repair Industry Production Up Over 3% in September Compared to Last Year

November 9, 2023 By CollisionWeek Editor

Collision Repair Industry Production September 2023

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 […]

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

Collision Claims in Second Quarter Down Compared to 2022

November 1, 2023 By CollisionWeek Editor

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 […]

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

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

October 20, 2023 By CollisionWeek Editor

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 […]

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

Collision Repair Industry Production Up Over 11% in July Compared to Last Year

September 27, 2023 By CollisionWeek Editor

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 […]

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

Top 10 Auto Insurance Companies by State in 2022

September 14, 2023 By CollisionWeek Editor

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 […]

Filed Under: Research Tagged With: Auto Insurance, Net Written Premiums, Premiums

U.S. Auto Body Repair Prices Up Over 5% in July Compared to Last Year

August 18, 2023 By CollisionWeek Editor

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 […]

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

Collision Repair Industry Production Up Over 8% in June Compared to 2022

August 9, 2023 By CollisionWeek Editor

Production was also up from May on growth in employment. Total industry employment and number of women employed set another new record. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary June collision repair employment, hours worked and wages indicated production was up […]

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

U.S. Auto Body Repair Prices Up in June Compared to May

August 2, 2023 By CollisionWeek Editor

Prices were also up over 5% on a year-over-year basis. The most recent government figures on inflation through June show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 24th month in a row, but the rate of increase is less than half the […]

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

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