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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Fiberglass boat sales down 40.5 percent in October

Sales of fiberglass boats dropped 40.5 percent in October, according to early release data. Last year at the same time there was slight growth, showing a healthy clearing of inventories closing the fall selling season. This year, the market was stagnant in October because of a record low in consumer confidence and unstable financing resources.…more

The economy’s one bright spot: gasoline prices

It comes too late in the year to be of much help to the marine industry, but the one bright spot in an otherwise economically volatile autumn has been the steady downward trend in gasoline prices. The descent began in August, after prices hit all-time highs in June and July and were threatening to go…more

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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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