Boat sales make further gains in September
MIAMI – For the second month in a row, all boat segments tracked by Info-Link Technologies Inc.’s Bellwether Report were up in September, according to the company’s most recent report. However, even with the recent monthly gains, sales remain down compared to the prior 12 months. The graphs can be viewed at: http://www.info-link.com/bellwetherreport.asp.
The gains continue a trend that started in July, when all segments except PWC were either slightly up or flat. Gains in August and September have been sharper than in July, however, with several segments posting multiple percentage point gains.
Unit sales of powerboats 15 feet in length and above were down about 31 percent during the 12-month period ended September 30.
Within the outboard boat segment, unit sales were down about 29 percent during the same period, while the sterndrive/jet boat segment sales were down about 34 percent, the personal watercraft segment was down about 26 percent, the outboard sportfishing segment was down about 36 percent and the ski boat segment was down about 27 percent.
The bellwether report is based on new U.S. boat registrations in geographically dispersed states representing roughly half of the U.S. boat market.
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