NMMA: Wholesale shipments up through July

Author:
Publish date:

Advance data indicate that, through July, wholesale shipments of traditional powerboats were up 9.3 percent from a year earlier while corresponding dollars were up 20 percent, the National Marine Manufacturers Association said in its most recent economic report.

Advance estimates indicate that sales will be up 1.7 percent on a rolling 12-month basis through August. That’s the first sign of growth in more than two years, the association said.

New powerboat registrations were down 7 percent on a rolling 12-month basis through June, compared with a year earlier.

Recreational boat and marine engine export volumes were up 3 percent in the second quarter of 2011 and dollars were down 4 percent from a year earlier. Corresponding import volumes were up 9 percent and dollars were up 6 percent, the NMMA said.

Related