Skip to main content

Boat sales slowed in May

Retail boat sales in May dropped relative to April, but segment declines continued to slow compared to the same month last year.

Many areas are seeing their markets recover, despite this month's overall decreased activity. The aluminum and PWC markets are outperforming fiberglass as the second quarter nears a close.

All fiberglass boat sales, including PWC, dropped 22.5 percent year-over-year for May, while fiberglass boats in the popular 14- to 30-feet lengths fell 26.4 percent in the early reporting states for the same period.

Aluminum boats sales fell only 3.7percent in May. PWC sales decreased 16.2 percent in the month.

This report includes 29 early reporting states, which represent approximately 67 percent of the national market. These preliminary results help identify the prevailing retail trends in the 30-foot-and-under marine market segments for states that are currently able to report monthly or weekly.

— Aarn D. Rosen

national marine sales manager, Statistical Surveys Inc.



Limestone Secures Financing for Expansion

The company said the $6 million in credit will be used to improve its Tennessee manufacturing facility and buy new equipment.


Mastry Marine Names Repower Center

St. Augustine, Fla.-based McKenzie Marine is the engine distributor’s latest designated Suzuki Repower Center.


Vanderbilt Ships First Pontoon

The company said the 700T Series was the first model shipped from its new Fort Wayne, Ind., factory and was delivered to The Marina in Angola, Ind.


NMMA Celebrates CHIPS Act

The legislation aims to return semiconductor manufacturing to the U.S. and allows businesses to deduct R&D costs in the same year they are incurred.


Cox Marine Hires Sales and Support Staff

The diesel outboard builder this week brought aboard a new regional sales director, regional sales manager and an aftersales manager.


Boating Interests Lose Wind Farm Battle

The Ohio Supreme Court has ruled that a proposed wind farm off the Cleveland, Oh., waterfront meets planning requirements.


July Inflation Data Lags June

Consumer Price Index results may indicate that inflation has peaked, and Producer Price Index data was below market expectations.


Yamaha Posts Higher Sales, Profit

The company’s first half 2022 net sales increased to $1.93 billion, and segment income rose to $330 million.