NMMA September Powerboat Registrations Report: Retail units back on par with last year
by National Marine Manufacturers Association 21 Nov 2019 08:18 PST
NMMA Powerboat Registrations Report © National Marine Manufacturers Association
NMMA today announced its September New Powerboat Registrations Report showing new powerboat retail sales down 0.9 percent on a rolling 12-month year-over-year (R12M YOY) basis and up a healthy 5 percent on a rolling three-month year-over-year (R3M YOY) basis through September. Total new units sold in 2019 (through September) reached 251,000.
"With optimal summer weather arriving later in the season for most of the U.S., we saw an encouraging pickup in new powerboat sales in July, August and September. This pickup offset some of the lag in certain segments the first half of 2019, putting us back on par with where retail unit sales were this time a year ago," said Vicky Yu, Director of Business Intelligence for NMMA. "Sales of new personal watercraft, wake sport boats and larger saltwater fishing boats continue to lead growth while sales of new freshwater fishing boats remain down from year-ago highs."
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