Summer fun craft — jetboats and personal watercraft — were big sellers during the third quarter as the recreational boating industry sold 10.5 percent more boats than it did the previous year.
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.
New Jersey has passed a law that will cut the amount of taxes paid on new boats in half.
A late spring and a summer that lingered helped the recreational boating industry to post strong September sales this year for the third year in a row.
Sales of fiberglass outboards, pontoon boats and personal watercraft surged in August, giving the recreational boat industry its highest percentage gains of the year.
Recreational boat sales rose 4 percent in the second quarter, led by the aluminum pontoon and personal watercraft categories — the only ones in which sales topped 20,000.
Recreational boat registrations in Spain increased nearly 13 percent from January to August as the recovery in Spain gains momentum after the 2014 crisis there.
Traditional summer fun boats — jetboats, ski boats and personal watercraft — had their day in the sun in July, leading the recreational boat industry to an industrywide sales gain of 5 percent.
Dropping homeownership is leaving millions of Americans stuck in rental housing — a trend that some say has big implications for the marine industry.
Brunswick Corp. is recovering from the Great Recession, but the driver of the turnaround is not the 45-foot Sea Ray that CEO Dustan McCoy takes out on the Ohio River on weekends in Kentucky.
Led by fiberglass outboard and aluminum fishing boats, the recreational boat industry regained its footing after a slip in May and returned to moderate sales growth in June.