August report: New powerboat retail sales up 8 percent

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.