CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for Inflation

Small Business Owners’ Confidence in the National Economy Drops

March 29, 2023 By CollisionWeek Editor

Inflation concerns continue as just 1 in 5 small businesses believe the U.S. economy is in good health. The MetLife and U.S. Chamber of Commerce Small Business Index, released today, dropped slightly this quarter to 60 from 62.1 as small business owners’ outlook on the national economy weakened. One in five (20%) small business owners […]

Filed Under: News Tagged With: Inflation, Small Business Confidence, U.S. Chamber of Commerce

U.S. Auto Body Repair Prices Up Over 9% in February Compared to Last Year

March 16, 2023 By CollisionWeek Editor

On a year-over-year basis, 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 February released Tuesday, March 14 show the rate of growth of auto body repair prices is […]

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

Consumer Sentiment Up for Second Month in a Row

January 30, 2023 By CollisionWeek Editor

University of Michigan reports growing borrowing costs offset easing inflation as consumer concerns. Consumer sentiment lifted for the second straight month in January, rising 9% above December but remaining about 3% below a year ago, according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index rose to 64.9 in the January 2023 […]

Filed Under: News Tagged With: Consumer Sentiment Index, Inflation, University of Michigan

Interview: Bill Brower, VP of Industry Relations at Solera

January 13, 2023 By CollisionWeek Editor

Brower details how inflation is impacting severity as parts and labor costs have increased. Examines how auto insurance companies and the collision repair industry globally are responding. The impact of inflation on critical cost drivers for the auto claims and collision repair industries has increased claims severity across the globe. As CollisionWeek has reported, key […]

Filed Under: Feature Tagged With: Claim Severity, Inflation, Interview, Labor Rates, Solera

U.S. Auto Body Repair Prices Up Over 12% in November Compared to Last Year

December 14, 2022 By CollisionWeek Editor

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 […]

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

Americans Will Pay 16% More for Auto Insurance by the End of 2023

December 8, 2022 By CollisionWeek Editor

According to Insurify report, after a 9% increase in 2022, prices are projected to rise another 7% by the end of next year. The average American driver will pay nearly $1,900 for car insurance in 2023, as insurance rates continue to rise across the country. This is according to the Insurify 2022 Auto Insurance Trends […]

Filed Under: News Tagged With: Auto Insurance, Electric Vehicles, Inflation, Insurify, Premiums

U.S. Auto Body Repair Prices Up Over 13% in October Compared to Last Year

November 18, 2022 By CollisionWeek Editor

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, […]

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

U.S. Real Gross Domestic Product Up in Third Quarter

October 27, 2022 By CollisionWeek Editor

Real gross domestic product (GDP) in the U.S., that is adjusted for inflation, increased at an annual rate of 2.6 percent in the third quarter of 2022, according to the “advance” estimate released by the Bureau of Economic Analysis. The third quarter results are a turnaround from the second quarter when real GDP had decreased […]

Filed Under: News Tagged With: GDP, Inflation

U.S. Auto Body Repair Prices Up Over 12% in September Compared to Last Year

October 14, 2022 By CollisionWeek Editor

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 […]

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

Uncertainty Continues to Cloud Consumers’ Outlook on the Economy

September 30, 2022 By CollisionWeek Editor

Consumer Sentiment in September remains near August’s historic low. Consumer sentiment was essentially unchanged in September, just 0.4 index points above August, according to the University of Michigan Surveys of Consumers. Consumer sentiment is viewed as a leading indicator of economic activity and sharp declines have often preceded or happened during the early point of […]

Filed Under: News Tagged With: Consumer Sentiment Index, Inflation, University of Michigan

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • 5
  • …
  • 7
  • Next Page »

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • MSO Symposium Conference Agenda Released September 18, 2025
  • CSN Collision Add Repair Facility to Network in Toluca Lake, California September 18, 2025
  • Rivian Breaks Ground on $5B Georgia Plant, Eyes 2028 Production Start September 18, 2025
  • Distracted Driving Study Shows 240% Crash Risk Increase September 18, 2025
  • State Farm Reports Declining Animal Collisions September 17, 2025
  • CSN Collision Adds Repair Facility to Network in Alberta, Canada September 17, 2025
  • NHTSA Reports Sharp Drop in Traffic Fatalities in First Half of 2025 September 17, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in