NMMA December Powerboat Registrations Report: Retail unit sales finish 2019 nearly on par with 2018
by National Marine Manufacturers Association 19 Feb 2020 04:42 PST
NMMA Powerboat Registrations Report © National Marine Manufacturers Association
NMMA have announced its December New Powerboat Registrations Report showing new powerboat retail unit sales closed the fourth quarter of 2019 up 4 percent on a rolling 3-month year-over-year (R3M YOY) basis and closed 2019 down 1 percent on a rolling 12-month year-over-year basis, marking the second highest level of new powerboat sales in 12 years.
"It was encouraging to see new boat sales pick up in the second half of 2019 with demand across a range of boats reaching their highest or near highest year-over-year sales volumes in 10-12 years," said Vicky Yu, director of business intelligence for NMMA. "A pick-up in the second half of 2019 and healthy demand in most powerboat categories offset softness in the smaller freshwater fishing boat segment. From what we're hearing from manufacturers, that sales momentum is carrying through the start of winter boat show season."
To read more please go to the original article.