Claims in the first quarter of 2023 were up over 1% versus the same quarter in 2022. Losses were up over 41% compared to 2019. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the post-pandemic rebound in claims restarted in the first quarter of 2023 and […]
Collision Repair Industry Production Up Over 7% in May Compared to 2022
While up year-over-year, production was down from April as hours worked declined. Total employment and number of women employed set new records. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary May collision repair employment, hours worked and wages indicated production was up […]
U.S. Traffic Volume Up in May Compared to 2022
Traffic up compared to last year both for the month and year-to-date. Traffic volume in May increased compared to the previous year for the fifth month in a row after two monthly declines at the end of 2022. While traffic volume was above last year, it remained slightly less than 1% below May 2019 prior […]
U.S. Auto Body Repair Prices Down in May Compared to April
Prices up over 7% on a year-over-year basis. The most recent government figures on inflation through May show the rate of growth of auto body repair prices continues to be above the rate of general inflation for the 23rd month in a row, but the rate of increase is half the rate compared to the […]
Collision Repair Industry Production Sets New Record in April
Total employment and number of women employed also new records. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary April collision repair employment, hours worked and wages indicated production was up on a year-over-year basis to new record levels Overall, total collision repair […]
Collision Claims in Fourth Quarter Slightly Down Compared to 2021
Claims in the fourth quarter of 2022 declined less than 1% versus the same quarter in 2021. Losses were up nearly 55% compared to 2019. The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the rebound in claims stalled during the fourth quarter of 2022 compared to […]
U.S. Auto Body Repair Prices Up Over 8% in April Compared to Last Year
On a year-over-year basis, the rate of increase in auto body repair prices is down from recent months and the all-time high in July but continues above the rate of inflation. The most recent government figures on inflation through April, released May 10, show the rate of growth of auto body repair prices continues to […]
Third Quarter 2022 Collision Repair Average Weekly Wages Up Nearly 15% Compared to 2021
Employment was also up and exceeded pre-pandemic 2019 levels. An analysis of U.S. auto body repair facilities, employment and wages by state shows that collision repair employment continued to improve in the third quarter of 2022 and exceeded 2019 levels for the first time since the pandemic. Average weekly wages were up significantly in the […]
Collision Repair Industry Production Up Over 11% in February Compared to Last Year
Production and total employment set new records. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS) covering the preliminary February collision repair employment, hours worked and wages indicated production were up on a year-over-year basis but down slightly from record level in January. Overall, total collision […]
U.S. Traffic Volume Up in January Compared to 2022
Traffic up compared to last year even with higher year-on-year gas prices. Traffic volume in January increased compared to the previous year following two months of decreases. While traffic volume was above last year, it came in below the same month in 2019 prior to the impact of the pandemic. Monthly traffic on a year-on-year […]
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