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Boat sales growth slipped slightly in February

By Jonathan Sweet

Boat sales were up year-over-year in February, but at a slightly lower pace than in January, according to the latest Info-Link Bellwether report.

According to Info-Link, 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).

Boat sales were up about 6 percent across all categories on a rolling basis for the 12 months ending in February, compared with 7 percent growth for the previous report. Sales were up about 6 percent for the 12 months ending in December, according to Info-Link.

The sportfish and tow boat segments continued to be the strongest for the 12 months ending in February, with both up about 10 percent. The PWC segment was also strong, posting growth of nearly 10 percent.

Overall, the outboard segment was up about 7 percent for the period. Sterndrive/jet was the only category to decline, with sales down about 2 percent for the last year.

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