Tag Archives: ITR Economics

ITR Economics releases forecast on U.S. boat building production

ITR Economics Boat Building Forecast

In the latest forecast on U.S. boat building production from ITR Economics, growth in boat building production is expected to decline slightly throughout 2020 and rebound strongly in 2021. According to ITR's forecast, at its lowest (summer 2020), production is expected to be on par with levels seen in spring 2019. The strong rebound in 2021 is expected to continue ...

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NMMA reports February industry data, new powerboat registrations up 4.2 percent in 2018

NMMA’s latest New Powerboat Registrations Report shows new powerboat registrations were up 4.2 percent in 2018 compared to 2017.  Tow boats and personal watercraft remained growth leaders, up 10 percent and 8 percent respectively and accounting for nearly 30 percent of new boat unit sales. Registrations of new outboard boats, which comprise 64 percent of total new boat sales, were up 3 ...

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