By the Numbers

Monthly reports on sales of new, used and brokerage boats provide the industry with the information to understand its market and follow consumer trends and buying patterns.

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Consumer confidence climbs again, raising hopes for better times ahead

The Conference Board’s Consumer Confidence Index improved in August for a second consecutive month. After advancing moderately (to 51.9) in July, the index climbed to 56.9 in August. “Consumer confidence readings suggest that the economy remains stuck in neutral, but may be showing signs of improvement by early next year,” says Lynn Franco, director of…more

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Rate of new-boat sales decline slows in July

Volume in aluminum craft, PWC runs stronger, with some states actually reporting gains There’s a bit of good news for a change. July early-release data on new-boat registrations show a slower rate of decline, according to Statistical Surveys Inc. The early-release report is intended to give the marine industry a snapshot of new-boat sales activity.…more

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Used-boat prices, sales time for 2008 first half

This month YachtWorld.com will compare SoldBoats.com data from the first quarter and second quarters of 2007 with those from 2008.  In the first chart we can see the average selling price of boats during the first six months of 2007 and 2008. The second chart compares the average time to sale of boats for this same…more

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June boat sales headed for record lows

Early data point to big dips in all segments; Falling fuel prices raise hopes for a rebound Early release data compiled by Statistical Surveys of Grand Rapids, Mich., points to record low sales for all new-boat segments for June. These statistics are based on data from 26 early reporting states, which represent approximately 60 percent…more

Sea Ray, Catalina are sales leaders in four major states

YachtWorld.com reports that Sea Ray and Catalina topped the list of brands and models sold in the important markets of Florida, New York, California and Michigan during 2007. Sea Ray topped the number of used boats sold in Florida, Michigan and New York. In both New York and Michigan, the Sea Ray Sundancer 27 was…more

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Boat sales figures hit record lows for the first quarter of 2008

Sales of new boats showed a substantial decline in the first quarter of 2008, according to data compiled by Statistical Surveys. The total fiberglass segment, including personal watercraft, fell 22.1 percent, and sales of aluminum boats were off 17.5 percent. This report is based on registration data from 46 states, representing 96 percent of the…more

Boating put $2.1B into N.J. economy

New Jersey boaters spent $2.1 billion in 2006, according to a study unveiled by the Marine Trades Association of New Jersey. The study, the first of its kind in New Jersey, measured expenditures related to recreational boating and its impact on the state’s economy. The study also showed that New Jersey’s recreational boating industry provides…more

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Grow Boating: a $12.5M marketing outlay

Industry leaders say campaign is doing the job, and they’ll spend about the same this year Grow Boating took in more than $12 million in 2007, the bulk of which was spent on marketing campaigns, according to its recently released annual report. The initiative is an integrated effort among recreational marine groups to promote the…more

Boat loans still plentiful for credit-worthy

But GE Money’s departure from marine lending could make things tougher for the marginal buyer Given today’s tight economy and GE Money’s exit from the marine lending market, some financial experts think the average person will have a harder time borrowing money to buy a boat. That spells bad news for already struggling boat dealers,…more

Average brokerage prices up for 1st quarter

Increase in amounts paid for boats helps compensate for decline in number of boats sold YachtWorld.com says the overall values of brokerage boats sold are on the upswing. The values of boats sold in Florida and California both reflect this analysis. The average value of boats sold in New York and Michigan, however, go against…more

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