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.
Widespread shutdowns took a toll on new-boat sales.
A strong February foreshadows a different story.
The nearly complete registration data shows the sterndrive category’s continuing decline.
New-boat registrations rose in October, thanks to a late-season sales surge. Except for PWC and wake boats, however, year-to-date sales were lower than 2018.
Boat registrations up 1.5 percent in July in the main powerboat categories.
The growth indicates weather-delayed purchases.
Despite lower boat registrations in December, analysts are upbeat about 2019.
Total boat sales were down in September but are still on track for 3.5 percent growth this year.
Total boat sales were up 4 percent in August.