NMMA reports decline in wholesale powerboat shipments

Author:
Updated:
Original:

Through the first quarter of 2011, wholesale shipments of powerboats were down 1.2 percent, relatively unchanged from a year earlier, according to the National Marine Manufacturers Association’s Boating News Net monthly economic report.

Advance data indicated that shipments would ebb in April.

The NMMA report also said advance estimates indicated that retail sales of powerboats would be down 12 percent through March. For all of 2010, total new powerboat registrations were down 11 percent.

Recreational boat and marine engine export volumes were up 10 percent in the first quarter of 2011 and the dollar value of those sales was up 8 percent from a year earlier. Corresponding import volumes were up 57 percent; the dollar value of those sales was up 25 percent, according to the NMMA.

Related

MarineMax Posts Record Q2

Coming off its most profitable fourth quarter, first quarter and fiscal year, the company continued to roll with a 70 percent increase in revenue.

MMTA Lands State Grant

Massachusetts Marine Trades Association will use the $20,000 recovery grant to promote its “Stay Local Boat MA” program.

Hundreds Stream ABC

Topics of discussion during Day One of NMMA’s virtual American Boating Congress included policy updates, infrastructure, the global supply chain and more.

Next Stop, Key West

The Moorings adds the Conch Republic to its roster of charter bases.

IBEX to Host Supply Chain Webinar

The April 29 session will address logistical issues that continue to impact manufacturers amid strong customer demand.

Safety is no Accident

Sure, it’s a cliché, but it’s 100 percent accurate. With boats going in the water for a new season in many areas, dealers should wave the safety flag wide and high, especially for the newcomers.

Brunswick Recognized for Diversity

Forbes ranks Brunswick as one of the top employers for diversity for the second consecutive year.

ABYC names Content Director

Sarah Devlin will support ABYC’s events and communications, distributing content through various channels.

Ferretti Group Reports Strong Q1

The conglomerate saw revenues increase by 40 percent, with a record 56 yachts launched in the first quarter.