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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Big boats for Florida, small for Massachusetts

This month we are taking a look at the sales by length in the top five states for sales for the nine months to Sept. 30. We have also shown the totals for the U.S. as a whole. It will not come as a surprise to find Florida in the No. 1 spot in terms…more

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Consumer confidence dips to all-time low

The global financial upheaval has driven consumer confidence to the lowest level ever recorded by the Conference Board. After showing modest improvement in September, the board’s Consumer Confidence Index plunged more than 23 points in October. The index, which stood at 61.4 in September, hit an all-time low of 38 in October. The 23.4-point decline…more

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Aluminum stabilizes, but market struggles

Early release data in September for the entire aluminum market showed signs of firming up for the second consecutive month. Single-digit declines in higher-volume states helped the aluminum segment outperform fiberglass for the period. These statistics include 26 early reporting states, which represent approximately 62 percent of the national market. Fiberglass boats in the 14…more

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Yacht Brokers Village to debut in London

YachtWorld expects the concept will make used boats a bigger part of major shows globally Almost everyone in the recreational marine industry recognizes the influence and importance of boat shows in the purchase cycle for new boats. Boat shows go to great lengths to promote the new models that will be on display. It is…more

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Second quarter new boat sales down sharply

Sales of new boats continued to drop in the second quarter of 2008. The total fiberglass segment, including personal watercraft, fell 29 percent and aluminum sales were off 20.7 percent. The numbers here are based on registration data from 48 states, with two not reporting. The numbers comprise 99 percent of the U.S. boat market.…more

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Fuel price hikes take lesser toll on diesels

Broker data indicates they’re selling better than gasoline-powered boats during crunch With volatile prices at the fuel dock, consumers are paying more attention to fuel types and cost of operation.In this Soldboats.com report, we are looking at the volume of boats marked as sold on YachtWorld.com based on whether the boat was powered by a…more

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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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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

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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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