Boat sales continued their upward climb in March, will all segments posting sales gains, according to the latest Info-Link Bellwether report.
The Bellwether report tracks sales of powerboats across the country based on new U.S. boat registrations on a rolling 12-month basis. Bellwether states are geographically dispersed states representing roughly half of the US boat market (varies by market segment and time of year).
Sales of all powerboats were up about 8 percent year-over-year in Bellwether states, with PWC and ski boat sales continuing to show the strongest growth.
Sales of PWC were up about 15 percent over the previous 12 months, while the ski boat segment was up just under 15 percent, posting its best gains since last spring.
The sportfish segment was up by just less than 10 percent year-over-year. While continuing to grow over the last year, the size of that growth has been slowly decreasing over the last year.
Overall outboard sales were also up about 9 percent for the 12 months ending in March, up slightly from February. The sterndrive/jet segment also grew by about 4 percent for the period, the best growth rate since 2012.