Boat sales continue decline in October - Trade Only Today

Boat sales continue decline in October

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The 14- to 30-foot fiberglass market fell at about the same rate as last month, according to preliminary numbers for October.

Fiberglass boats in the 14- to 30-foot segment were down 22.5percent for the month.

Aluminum boats sales fell at about the same rate as fiberglass in the month, dropping 22.7 percent.

The rate of decline for PWC was up dramatically compared to last month, posting a steep decrease of 42.6 percent.

These statistics include34 early reporting states, which represent approximately 70 percent of the national market.

Retail sales for new boats in October indicated that the market is still contracting, but at a slower rate than during the primary boat-buying season.

The good news is that pipeline inventory is continuing to drop and the new model year will bring new boats to entice more buyers back into the marketplace.

— Aarn D. Rosen

National marine sales manager

Statistical Surveys, Inc.

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Territory Sales Manager- Central States - HydroHoist

HydroHoist Marine Group, Inc. (HMG), founded in 1964, is the world’s leading hydro-pneumatic boat lift company specializing in the manufacture, sale and service of boat lifts, power pedestals through our innovative HyPower division and other marine related products.