Boat-sales decline slowed in June - Trade Only Today

Boat-sales decline slowed in June

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New-boat sales volume declines slowed in June based on early reporting states. This report is based on 26 states, or 62 percent of the U.S. market.

Preliminary registration data for June showed that sales for all fiberglass boats fell 22.4percent, while aluminum sales were down 19.6 percent. Documented vessels were not included due to data entry delays at the Coast Guard.

Fiberglass boats in the popular 14- to 30-foot segment were down 24.4percent in the early reporting states. Unit sales were 7,186,down from 9,502.

Aluminum boats sales declined 19.6 percent on 6,533 units from 8,122 units last year. Personal watercraft sales fell 18.5 percent in the month, dropping from 8,001 units to 6,518 units.

The lower rates of decline in all segments are a good sign in a high-volume month like June. Liquidation sales are moving older boats at retail, and the surplus inventory in the field is beginning to sell through. We're not out of the woods yet, but we're moving in the right direction.

— Aarn D. Rosen

National Marine Sales Manager

Statistical Surveys Inc.

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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.