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.
New Boat Sales
Statistical Surveys, a Michigan company that tracks new-boat registrations, provides monthly, quarterly and annual reports on boat sales from every state in the country.
The National Marine Manufacturers Association said new sailboat retail sales totaled 6,500 units in 2016, up 16.1 percent from the previous year.
Led by a 12 percent increase in sales of outboard-powered fiberglass boats, the recreational boat industry followed a strong January with moderate February growth that put sales for the year about 1 percent ahead of 2016.
Marking another milestone in its recovery, the U.S. recreational boat industry sold more than 250,000 boats in 2016 for the first time in eight years.
Driven by the three boat types that have been the industry’s strongest sellers since the last recession ended, recreational boatbuilders and dealers began 2017 with high single-digit January gains.
Recreational boat sales slipped in December, but full-year figures based on results from 27 early-reporting states, including Florida and Texas, showed that industry sales rose about 5 percent last year.
John Adey President, American Boat & Yacht Council Here at ABYC we are seeing a positive trend that I can predict will only become more popular as 2016 rolls into 2017. The trend is the desire for and formalization of education and certification. Companies such as Evinrude and Yanmar made large announcements about improving their…more
Lifted by Florida and Texas, the nation’s top two states for sales, the recreational boating industry achieved moderate growth in November that raised the year’s percentage sales gains to levels more in line with forecasts.
Recreational boat sales rose less than 1 percent in the third quarter, but that was enough for the industry to record the highest sales for that quarter since 2008, just before the Great Recession.
Recreational boat sales posted their second consecutive month of weak growth in October, leaving the industry farther from the full-year gains forecasters were hoping for when 2016 began.