Boat sales growth ticks up in July

Boat sales continued their year-over-year growth in July, with unit sales tracking up about 8 percent for the 12 months ending last month, according to the latest Info-Link Bellwether report.

The slight increase in the growth rate followed declines in May and June, but was still below the 10 percent growth seen earlier this year.

The Bellwether report tracks boat sales across the country based on new U.S. boat registrations. Bellwether states are geographically dispersed states representing roughly half of the US boat market (varies by market segment and time of year).

Sales were up in every category for the period, with the exception of sterndrive/jet, which was down about 5 percent over the last year.

The sportfish segment showed the strongest growth, with unit sales up north of 10 percent for the 12 months ending in July. The outboard, PWC and ski segments were all up about 10 percent for the period.

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