New NMMA data shows traditional powerboat retail unit sales were up 3.8 percent through the third quarter (September 2017).
This comes as retail sales of nearly all traditional powerboat categories are growing on a year-over-year basis and as key economic indicators (consumer confidence, GDP, housing) continue moving positively in the industry’s favor as the recreational boating industry prepares to head into the winter boat show season.
“Positive economic conditions and sustained consumer spending are contributing to a market favorable for continued retail sales growth,” said Thom Dammrich, NMMA president. “We’re seeing retail sales of aluminum outboards, ski boats, jet boats and personal watercraft increasing annually year-over-year compared to September 2016, while overall growth for traditional powerboats was offset by a slight dip in inboard cruisers along with a continued decline in sterndrive boats.”
Further insights and the latest data on wholesale and retail sales, wholesale forecasting, small business sentiment, economic health of major export partners, historical trend data, home prices and more, can be found in the new online NMMA Data Dashboard.
The new online NMMA Data Dashboard includes enhanced interactive graph features, including unit/percent change data at every time interval; easily trackable and comparable trend, unit, percent change and time interval dat ability to download and export any graph as an image file for use in presentations or other files, data filtering, and, more.