August report: New powerboat retail sales up 8 percent
by National Marine Manufacturers Association 15 Oct 2020 07:28 PDT
Discover Boating © National Marine Manufacturers Association
New data from the NMMA show August was another strong month for new powerboat retail sales, which were up 8% year to date on a seasonally-adjusted basis compared to a year ago.
Highlights from the August New Powerboat Registrations dashboard include:
- While new power boat retail sales slowed in August following unprecedented increases in the early summer months (total sales were down 13% compared to July), sales are still strong with increases across all major categories year to date (YTD).
- Sales of PWC's, pontoons, and freshwater fishing boats were up 2%, 9% and 10% respectively YTD.
- Sales of saltwater fishing boats, tow boats, cruisers and yachts each had double-digit growth ranging from 11% to 15%, compared to 2019.
- Sales of new outboard engines in August were up 15% YTD compared to the same time period last year.
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