Boat sales down in MayPosted on
Sales of fiberglass boats in the popular lengths of 14 to 30 foot were down 35.8 percent in May compared to the same month in 2008 in the early reporting states.
North Dakota and South Dakota posted positive growth, while the Louisiana market stuck out of the pack with a single-digit decline of 2.6 percent.
Aluminum boats sales fell 27.9 percent in May. Louisiana and New Hampshire were the growth states in this segment.
PWC sales decreased 30.6 percent in May. Georgia, Louisiana, Arkansas and New Hampshire had growth, while Mississippi and Alaska remained even.
Retail boat sales in May remained soft. Sporadic regional liquidations and aged inventory clearance sales are impacting area sales results, but the market bottom remains elusive.
The report includes 26 early reporting states, which represent approximately 62 percent of the national market.
— Aarn Rosen
National Marine Sales Manager