NMMA: Wholesale shipments rose 17 percent in 2011

Publish date:

In 2011, wholesale shipments of traditional powerboats were up 17 percent and corresponding dollars were up 24 percent for the National Marine Manufacturers Association's control group of manufacturers, compared with a year earlier, the NMMA said in its monthly economic report.

New powerboat registrations were down 2.5 percent on a rolling 12-month basis through September, compared with a year earlier. Advance estimates indicated that sales in bellwether states would be up 4.8 percent on a rolling 12-month basis through January, the association said.

Recreational boat and marine engine export volumes were up 8 percent in 2011 and dollars were up 0.6 percent from a year earlier. Corresponding import volumes were up 20 percent and dollars were up 15 percent, according to the NMMA.