Boat sales down again in February - Trade Only Today

Boat sales down again in February

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Sales of fiberglass boats continued to fall in February, with the overall market declining 10 percent from the same month a year earlier.

A total of 2,847 fiberglass boats and personal watercraft were sold during the month, compared with 3,163 in February 2010 in 28 early reporting states, which represent 67 percent of the national market.

Documented vessels aren't included because of data-entry delays at the Coast Guard. For that reason, percentage declines of all fiberglass boats, including PWC, could be slightly overstated. Only states that provide weekly or monthly information are included.

In the popular 14- to 30-foot category, the decline for the month was 6.9 percent, compared with February 2010. Sales of personal watercraft fell 13.6 percent.

Sales of aluminum boats rose 8 percent for the month.

February historically represents 4 to 6 percent of annual retail boat volume.

— Aarn Rosen

National Marine Sales Manager, Statistical Surveys Inc.

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