1Q powerboat and PWC registrations increase - Trade Only Today

1Q powerboat and PWC registrations increase

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New powerboat and personal watercraft registrations were up 6.5 percent year over year in the first quarter, with PWC, jetboats, ski boats and outboards leading the growth.

Sterndrive boats and inboard cruiser sales continued to decline.

Registrations overall were up 9.5 percent on a rolling 12-month basis — April 2014 through March 2015 versus April 2013 through March 2014, according to the National Marine Manufacturers Association.

PWC registrations rose 20.2 percent on a rolling 12-month basis; jet drive boats were up 15.4 percent, ski boats were up 14.7 percent and outboard boats were up 7.9 percent on a rolling 12-month year-over-year basis.

There was continued softness in sales of sterndrive boats and inboard cruisers, which were down 7.2 percent and 3 percent on a rolling 12-month basis, respectively.

Growth was led by the South Atlantic region, which spans the Atlantic Coast from Delaware south to Florida — up 14.9 percent on a rolling 12-month basis.

The Pacific region, which spans the Pacific coast from Washington to California, including Hawaii, was up 14 percent.

The East South region, which includes Alabama, Kentucky, Mississippi, and Tennessee, was up 5.2 percent.

Together, these regions represent 41.7 percent of all new-boat sales.

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