NMMA: New powerboat registrations rose 6.3 percent in 2016 - Trade Only Today

NMMA: New powerboat registrations rose 6.3 percent in 2016

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The National Marine Manufacturers Association said advance data show that new powerboat registrations were up 6.3 percent last year and that nearly all segments were higher.

The NMMA said the tow boat, pontoon, saltwater fishing boat and personal watercraft segments had the highest rates of growth last year, up 11.8 percent, 9.2 percent, 7.9 percent and 7.4 percent, respectively.

Outboards boats were up 6.2 percent on a rolling 12-month basis and inboard boats were up 11.8 percent. Boats 27 feet and larger were up 10.7 percent through December on a rolling 12-month basis.

The NMMA said sterndrive boats continue to lag other categories; they were down 1.5 percent for the year, according to advance estimates.

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