Claims in the third quarter of 2022 remain below pre-pandemic levels. Losses were up 38% compared to 2019. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses in the third quarter of 2022 continued to rebound, but comparisons to pre-pandemic levels declined. Losses, however, […]
Collision Repair Industry Production Sets New Record for Third Straight Month in November
Average weekly production hours worked above 40 hours for first time in more than two decades. 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 increased compared to October and was up on […]
U.S. Auto Body Repair Prices Up Over 12% in November Compared to Last Year
The rate of increase in auto body repair prices is down from last month and the all-time high in July but continues above the rate of inflation. The most recent government figures on inflation through November released Tuesday, December 13 show the rate of growth of auto body repair prices is above the rate of […]
Independent Collision Repair Facility Revenue at Record Level in 2021
Revenue was above 2019 levels after suffering a decline in 2020 due to the impact of government shutdowns at the start of the pandemic. The latest statistics from the U.S. Census Bureau shows that independent collision repair facility revenue increased above both 2020 and 2019 levels as traffic and accidents increased from the pandemic lows […]
First Quarter 2022 Average Weekly Collision Repair Wages Up 8.6% in U.S. Compared to 2021
The number of collision repair establishments and overall employment continued to increase versus pandemic influenced 2020 and 2021. An analysis of U.S. auto body repair facilities, employment and wages show continued growth across all three categories in the U.S. during the first quarter of 2022 compared to the same quarter in 2021. According to the […]
U.S. Auto Body Repair Prices Up Over 13% in October Compared to Last Year
The increase in auto body repair prices is down from the all-time high in July but continues above the rate of inflation. The most recent government figures on inflation through October show the rate of growth of auto body repair prices is above the rate of general inflation for the 16th month in a row, […]
Collision Repair Industry Production Sets New Record in September
After lower results in July and August, production increased in September to set a new record. 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 increased compared to August and was up on […]
U.S. Traffic Volume Improved in August Compared to Last Year
The continued decline in gas prices from the historic highs in June helped traffic return to growth. August result was still below 2019. Traffic volume in August returned to growth compared to the previous year after two months of declines that started when gas prices hit all-time highs in the U.S. during June. While traffic […]
Collision Claims Were Up Over 8% in Second Quarter Compared to Last Year
Second quarter claims were also within 0.1% of pre-pandemic levels. Losses up over 43% compared to 2019. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that claims and losses in the second quarter of 2022 continued to rebound with claims at almost pre-pandemic levels and losses far […]
U.S. Auto Body Repair Prices Up Over 12% in September Compared to Last Year
The increase in auto body repair prices is down from the all-time high in July but continues above the rate of inflation. Collision repair facilities report securing labor rate increases from insurers in response to historic levels of inflation. The most recent government figures on inflation through September show the rate of growth of auto […]
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