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Boat sales decline in December - Trade Only Today

Boat sales decline in December

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December sales for all fiberglass boats, including PWC, declined 21.2 percent, with New York, New Jersey, and Michigan showing some positive growth, according to Statistical Surveys.

Fiberglass boats in the 14- to 30-foot segment were down 18.3 percent for the month, while aluminum boats sales fell in December by 24.3 percent.

PWC sales posted a decrease of 23.8 percent in the month.

The market for new boats continued to shrink in December 2009. Final year-end numbers for 2009 can be expected to be down in the range of 24 to 29 percent depending upon the segment.

Looking forward to 2010, early boat show feedback indicates that these declines will continue to abate as we move into the first quarter.

These preliminary statistics include 29 early reporting states, which represent approximately 67 percent of the national market. Only states that currently provide weekly or monthly information are included in this summary.

Percentage change is presented on a calendar-year basis to reflect actual results.

— Aarn D. Rosen

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