Boat sales have best 2017 month in May

The recreational boat industry had its strongest month this year in May as sales rose in all but two categories and some segments posted double-digit gains.

Consumer confidence remains high and people, in the words of one economist, are “back out in force …spending their hearts away.”

Job growth lags, but other signs strong

The nation’s unemployment rate fell to 4.3 percent in May, the lowest level since 2001, but the United States added a lackluster 138,000 jobs, well below what economists were expecting.

Boat sales continue gains in April

Far from slipping into a “lull,” as it did in 2016 after strong March sales, the U.S. recreational boating industry achieved moderate gains in April this year that included double-digit growth in the pontoon category.

Hiring surge has yet to spark wage growth

The United States added 211,000 jobs in April, rebounding as expected from a lackluster weather-jinxed March, but although quite a few more people will start getting paychecks, those who have been working aren’t seeing very much income growth from the strengthening economy.

Dealer confidence still near record high

Marine dealer sentiment ticked down slightly in April, but was significantly higher than in the same month last year for businesses surveyed in the MRAA/Baird Marine Retailer Pulse Report.

Alex Nicholson grew up boating in Annapolis, and worked at his family’s business, Fawcett Boat Supplies.

An Angie’s List for boat owners

By the summer of 2015, Alex Nicholson had decided that being a foreign exchange e-commerce sales analyst was not the career he truly wanted.

Dealer confidence near record high in April survey

Recreational marine dealer sentiment ticked down slightly in April, but was significantly higher than in the same month last year for businesses surveyed in the MRAA/Baird Marine Retailer Pulse Report.

Boat sales make gains in March

Last year the recreational boating industry was celebrating its best March results since 2008 — sales gains of 21 percent in the main powerboat segments and 20 percent industrywide.

1 2 3 16

Vote Today

What's most important to you when it comes to the federal budget?

View Results

Loading ... Loading ...

Login to Trade Only Today

Lost Password