NMMA: Wholesale shipments up in first halfPosted on
Advance data indicate that through the first half of 2011 wholesale shipments of traditional powerboats were up 7.9 percent from a year earlier and corresponding dollars were up 21.6 percent, the National Marine Manufacturers Association said in its monthly economic report.
In the first quarter of 2011, new powerboat registrations were down 5 percent on a rolling 12-month basis, compared with a year earlier. Advance estimates indicate that sales will be down 0.4 percent on a rolling 12-month basis through July, the NMMA said.
Recreational boat and marine engine export volumes were up 3 percent in the second quarter of this year and dollars were down 4 percent from a year earlier. Corresponding import volumes were up 9 percent and dollars were up 6 percent, according to the association.