NMMA: Wholesale shipments up through October

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Through October, wholesale shipments of boats were up 14 percent and corresponding dollars were up 23 percent for the National Marine Manufacturers Association’s control group of manufacturers, the association said in its monthly economic report.

Advance data indicated that the trends would continue through November.

New powerboat registrations were down 2.5 percent on a rolling 12-month basis through September, compared with a year earlier. Advance estimates indicate that sales in bellwether states will be up 4.7 percent on a rolling 12-month basis through November, the NMMA said.

Recreational boat and marine engine export volumes were up 13 percent in the third quarter of 2011, and dollars were up 3 percent from a year earlier. Corresponding import volumes were up 4 percent and dollars were up 0.8 percent, according to the association.

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