NMMA reports rise in new powerboat registrations

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New powerboat registrations were up 5.3 percent year over year for the rolling 12-month period through August, the National Marine Manufacturers Association reported.

Nearly all segments were up, with tow boats leading the growth with an 8.3 percent increase.

Cruisers were up 7.9 percent, pontoons rose 7.5 percent and personal watercraft increased by 7.3 percent, according to the NMMA newsletter Currents.

Outboard boats, which represent 65 percent of new powerboat sales, were up 5.2 percent.

Boats 27 feet and larger were up 8.8 percent through August on a rolling 12-month, year-over-year basis, according to the report, which is free only to the monthly shipment report control group members and subscribers.

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