According to the survey responses collected from almost 300 independent garage owners, demand trends in the DIFM channel increased in November relative to the prior year's period. However, trends slowed somewhat in November from the level recorded in October, partially due to a headwind from an adverse shift in the calendar (substituted a Friday for a Sunday, which is a day that most garages are closed). Specifically, the index decreased 13.8 percent to 56.3, but remained above the expansionary threshold of 50.0.
Independent Automotive Repair Garage Survey: November 2014
Jan. 26, 2015
Related To: Northcoast Research