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.
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.
Boat sales in June rose incrementally, with a 1.1 percent increase in the main powerboat segments and a 0.2 percent increase overall, according to data from Statistical Surveys, a Michigan firm that tracks new-boat registrations.
A wet, cool spring that blanketed much of the United States caused boat sales in some categories, such as pontoons, to lag this April, but other categories — including yachts, aluminum fishing boats and sailboats — showed strong improvement.
Far from slipping into a “lull,” as it did in 2016 after strong March sales, the U.S. recreational boating industry achieved moderate gains in April this year that included double-digit growth in the pontoon category.