NMMA reports increase in 1Q boat registrations


New registrations of powerboats and personal watercraft were up 10.5 percent year over year in the first quarter.

Nearly all categories that have significant volume posted quarterly gains.

On a rolling 12-month basis, corresponding units were up 8.7 percent, according to the National Marine Manufacturers Association.

Among high-volume regions, growth was led by the Southeast, which includes Alabama, Kentucky, Mississippi and Tennessee. The region was up 11.6 percent on a rolling 12-month, year-over-year basis.

Also outperforming the overall market was the South Atlantic region, which spans the Atlantic Coast from Delaware to Florida. That region was up 9.2 percent on a rolling 12-month, year-over-year basis.


The Calm Before the Storm?

Although key measures continued on an upward trajectory and unemployment numbers have fallen, the overall outlook for 2020 remains volatile.