NMMA: Increase in wholesale shipments continues - Trade Only Today

NMMA: Increase in wholesale shipments continues

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Through the third quarter, wholesale shipments of boats were up 13 percent and corresponding dollars were up 22 percent for the National Marine Manufacturers Association's control group of manufacturers, the group said in its monthly economic report.

Advance data indicated that through October, wholesale shipments of traditional powerboats were up 14 percent from a year earlier; corresponding dollars were up 23 percent.

New powerboat registrations were down 7 percent on a rolling 12-month basis through June, compared with a year earlier. Advance estimates indicated that sales would be up 4.5 percent on a rolling 12-month basis through October, the NMMA said.

Recreational boat and marine engine export volumes were up 13 percent in the third quarter of 2011 and dollars were up 3 percent from a year earlier. Corresponding import volumes were up 4 percent and dollars were up 0.8 percent, according to the association.

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