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.