Boat sales down for NovemberPosted on
November data for all boat categories declined, with a few low-volume states posting marginal growth.
These preliminary statistics include 27 early reporting states, which represent approximately 60 percent of the national market. Only states that currently provide weekly or monthly information are included in this summary. Percentage change is presented on a calendar-year basis to reflect actual results.
Fiberglass boats in the 14- to 30-foot segment were down 46.3 percent for the month. Aluminum boats sales fell in November by 35.4 percent. PWC posted the smallest decrease of the month with 29.9 percent.
The retail market for new boats continued to shrink in November. These declines appear more severe because of the low unit volume for the month, but still indicate the market has not bottomed out.
Retail activity is expected to remain soft going into the first quarter of 2009.
Rosen is the national marine sales manager for Statistical Surveys Inc., the Grand Rapids, Mich.-based firm that tracks retail boat sales.
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