NMMA Report: Boat manufacturing momentum slows in September
by National Marine Manufacturers Association 25 Nov 2020 08:26 PST
Recreational boating © National Marine Manufacturers Association
The NMMA reports new boat manufacturing activity in September pulled back for the second consecutive month following a summer of elevated growth, according to its latest Monthly Shipment Report(MSR). However, the NMMA expects shipments to rebound as new parts are delivered to fulfill the demand for new boats.
"While September saw slowdowns in wholesale boat shipments, more than 90,000 boats - up 4% year over year - were built and shipped July through September. This led to lower supply inventories that constrained further output," noted Vicky Yu, NMMA's director of business intelligence.
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