Info-Link: Powerboats up more than 3.5 percent through November

Boat sales increased by more than 3.5 percent through the month of November, 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 U.S. boat market (varies by market segment and time of year).

Boat sales dipped slightly when compared to September, when sales grew by almost 4 percent.

Overall, the growth rate has been mostly declining since its peak of 11 percent in 2016.

Tow boats and personal watercraft increased by 8 percent, while outboard increased slightly less than 4 percent.

Sportfish boats sales were flat for the reporting period through November.

Sterndrive/jet segment sales were down by 2 percent, remaining unchanged.