NMMA reports higher powerboat registrations through April - Trade Only Today

NMMA reports higher powerboat registrations through April

Author:
Publish date:

The National Marine Manufacturers Association’s New Powerboat Registrations Report has been updated through April 2018. Preliminary data shows that total new powerboat registrations were up 3.6 percent on a rolling 12-month, year-over-year basis (R12M YOY). The trade association said that multiple categories grew on both a R12M and R3M basis.

Cruisers, tow boats and outboard-propelled runabouts were up 8 to 9 percent R12M YOY. Sterndrive cruisers, personal watercraft, pontoons, yachts, saltwater fishing boats and freshwater fishing boats were up 3 to 4 percent R12M YOY. Registrations of larger boats 27’ and greater were up 11.9 percent R12M YOY. Growth was led by saltwater fishing boats, which were up 17.2 percent.

Related

Canada’s tariff time bomb?

The Canadian government is under pressure this week to agree to a revised NAFTA. If it doesn’t happen, the tariffs on U.S. boats will stay in place and continue to damage the boating industry on both sides of the border.