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2018 marked seventh consecutive year of growth, additional increase expected in 2019

by National Marine Manufacturers Association 15 Jan 07:23 PST
Powerboat Show © Mike Sheehan

NMMA announced last week that retail unit sales of new powerboats (includes traditional powerboats and personal watercraft) were up an estimated 4 percent in 2018 to approximately 280,000 units, the highest total since 2007.

What's more, the outlook for 2019 remains positive with continued growth expected to bring a 3-4 percent increase in new powerboat retail sales.NMMA also announced that the recreational boating industry contributes an estimated $170.3 billion in economic activity to the U.S. economy, an increase of approximately $49 billion since the last time the association reported economic impact in 2012*.

To read more please go to the original article.

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