In the latest Forecast on U.S. Boat Building Production from ITR Economics, growth in boat building production is expected to be constrained through 2020 and into the first quarter of 2021, turn up in mid-2021, and hold steady through 2023. The latest ITR Forecast for boat building was upwardly revised compared to the July report, following data from the Federal Reserve ...
Read More »
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 ...
Read More »
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 ...
Read More »
Boating Industry Intelligence You Can Profit From