The National Marine Manufacturers Association today reported that November new powerboat registrations were up 6 percent on a rolling three-month, year-over-year basis. They were down 1 percent on a 12-month year-over-year basis, totaling 275,000 units.
“Monthly new powerboat sales picked up during the second half of the year, helping put total sales for 2019 nearly back on par with 2018 despite a slower spring and early summer,” Vicky Yu, director of business intelligence for NMMA, said in a statement. “Personal watercraft, wake-sport boats and cruiser categories continue to lead growth, and we saw an encouraging lift in pontoon and saltwater fishing boat sales in the second half of the year.”
Sales of new PWC and wake-sport boats were each up 6 percent on a 12-month year-over-year basis and up 16 percent and 11 percent, respectively, on an rolling three-month, year-over-year basis. Sales of new cruisers were up 3 percent compared with 2018 and up 13 percent R3M YOY, with sales of outboard cruisers outpacing all other segments.
Sales of new freshwater fishing boats were down 7 percent R12M YOY and 1 percent R3M YOY, which is close to 2016 levels.