New boat sales continue to climb – June new powerboat registrations report available
by National Marine Manufacturers Association 24 Aug 2020 07:45 AEST
Recreational boating © National Marine Manufacturers Association
New data from the NMMA shows June was another strong month for new power boat retail sales, up 6% on a seasonally-adjusted basis compared to the previous record month in May. Compared to the same time period last year, new powerboat retail sales were up 5% through June.
"115,000 new power boats were sold in May and June alone - a 30% increase over the same time period last year - with personal watercraft, saltwater fishing boats and jet boats driving growth. These segments have recovered from pandemic-related losses and year to date, sales are up from where they were a year ago," said Vicky Yu, NMMA director of business intelligence. "We expect sales to be strong through the remainder of the summer."
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