Outboard, sportfishing boat sales strong in May
Sales of 15-foot or greater powerboats continued its upward trend in May, inching close to double digit growth for the month compared to the same month last year, according to the latest Bellwether report from Info-Link.
After breaking into positive growth last July, sales of 15 foot or greater powerboats among Bellwether states have continued to grow each month, jumping 3.5 percent year over year in April and reaching 9.5 percent growth year over year in May.
Sales for all states have trailed just below, moving up from 2.5 percent growth year over year in February (compared to 5 percent for Bellwether states) to 4.9 percent year over year in March (compared to 5.4 percent for Bellwether states).
Outboard boats continued to experience the greatest year-over-year growth, maintaining 12.8 percent growth for the month of May among Bellwether states and climbing 2.5 percent to 8 percent among all states in March.
Sportfishing boat sales were strong in May for Bellwether states as well, going steady at 11 percent year-over-year growth compared to May 2011. All states experienced growth in March, moving up 7.3 percent compared to March of the previous year.
Ski boats, sterndrive and personal watercraft markets in the Bellwether states were still struggling to find growth in May.
The ski boat market for all states saw only 1 percent year-over-year declines in March, but the Bellwether states slid down 1 percent to a 2.5 percent drop in sales in May compared to the previous year.
PWC sales began to flatten in April for Bellwether states, but data for all U.S. states shows PWC sales performing worse than the top boating areas. Sales were still dropping more than 10 percent year-over-year in March for all U.S. states, though the trend for all states shows improvement.
Sterndrive and jet boats markets creeped close to showing growth in May for the Bellwether states, shrinking 2.5 percent in the month compared to the previous year but still dropping 7.5 percent year-over-year in March for all states.