Boat sales decline in December

December sales for all fiberglass boats, including PWC, declined 21.2 percent, with New York, New Jersey, and Michigan showing some positive growth, according to Statistical Surveys.

Fiberglass boats in the 14- to 30-foot segment were down 18.3 percent for the month, while aluminum boats sales fell in December by 24.3 percent.

PWC sales posted a decrease of 23.8 percent in the month.

The market for new boats continued to shrink in December 2009. Final year-end numbers for 2009 can be expected to be down in the range of 24 to 29 percent depending upon the segment.

Looking forward to 2010, early boat show feedback indicates that these declines will continue to abate as we move into the first quarter.

These preliminary statistics include 29 early reporting states, which represent approximately 67 percent of the national market. Only states that currently provide weekly or monthly information are included in this summary.

Percentage change is presented on a calendar-year basis to reflect actual results.

— Aarn D. Rosen

Comments Comments are closed
8 Friday, 22 January 2010 20:45

It will only get worse.


Overpriced boats + No available financing for the working class = trouble for the boating industry in the next decade and beyond.


Good luck to everyone.


God help us all. 

7 Wednesday, 20 January 2010 19:03


Just the facts, not hysteria.


We have lost maybe as much as 55% of our prospect base due to lending policies. Add in the uncertainty of future energy cost, employment or unemployment and we could be somewhere over 75% with regard to prospect losses.


If you are leveraged, sell it off before it takes you out.


If you need to barrow money to buy boats and you are paying more then 6 points, you may be in trouble.




6 Wednesday, 20 January 2010 18:36

December sales for all fiberglass boats, including PWC, declined 21.2 percent????


Now there is a news flash.

5 Wednesday, 20 January 2010 18:31

These statistics are provided to Soundings Trade Only from Statistical Surveys. Trade Only does not conduct the surveys.


For more on Statistical Surveys, go to:


http://www.statisticalsurveys.com/


 - Beth Rosenberg

4 Wednesday, 20 January 2010 18:16
Whose statistical surveys determine the reported data for this article? In other words, does Trade Only conduct the survey?  Since it appears that the survey data is collected by state, are the results per state available for further study? Boats in the 14 to 30 ft range and aluminum boat sales are mentioned in the article.  What about the boats above the 30 ft range?  Are these sales accounted for in the data or does the data only reflect the boat sales up to 30 ft in length?  I'm  confused because the opening sentence of the article says "all fiberglass" boats.  More information will be greatly appreciated.  Thank you!
3 Wednesday, 20 January 2010 17:53

Statistics are Great - however they do not tell a complete story. If our customers could secure $ they would be buying.


Also with all of the tumoil in our industry right now consumers are very cautious about buying anything. A camapain on positives would be a shot in the arm for the Marine Industry before the summer begins-


A creative national advertisng camapain from "GROW BOATING " may help?


Us small guys aslo need direct, flexible and timely help from our lending partners as well, to date all we experience is sorry talk to us when things get better. If they are part of the problem what can we expect in regards to aturn around.


American will never staop having family time or fun with friend!


It's just not American!!!

2 Wednesday, 20 January 2010 17:35

Compared to what?  Last month, December of last year?  Trade Only has to get their act together when presenting sales data if we are going to use it to make decisions.  Given our seasonality what would be most helpful would be a comparison against December of last year.

1 Wednesday, 20 January 2010 17:02
I am wondering how Statistical Surveys receives these registrations to compute these increases/decreases in sales. Where do they get their sample?

Thanks.