Please select your home edition
Edition
Maritimo S Series

Report: New powerboat retail sales reach record highs to close out 2020

by National Marine Manufacturers Association 15 Jan 2021 06:34 PST
Discover Boating © Nick Gallop

According to NMMA's latest New Powerboat Registrations Report, November was another historic month for new boat sales. Data shows new powerboat retail sales gained momentum in November for the third consecutive month, up 13 percent compared to October and up 60 percent compared to the same time period in 2019 on a seasonally-adjusted basis.

"Sales across all boat categories continue to climb, and we expect the year to close with more than 310,000 new powerboats sold in 2020 - levels the industry hasn't reached since before the Great Recession in 2008," said Vicky Yu, NMMA director of business intelligence. "The data surrounding new powerboat retail sales last year reinforces that more Americans took to the water as a way to escape pandemic stress and enjoy the outdoors safely, and we expect this trend to continue into 2021."

To read more please go to the original article.

Related Articles

Push for advancement of Senate tax provisions
NMMA and several member companies signed a joint industry letter urging leaders to pass the bill The Senate passed the “One Big Beautiful Bill” on July 1, marking a significant step forward for key provisions long championed by the manufacturing sector. Posted on 3 Jul NMMA supports industry letter
Urging commerce to revise Section 232 implementation process The letter emphasizes the need for a more transparent and targeted approach to avoid unintended harm to U.S. manufacturing Posted on 30 Jun NMMA Canada hosts successful 2025 Day on the Hill
Building momentum for repeal of luxury tax NMMA Canada wrapped another highly successful Day on the Hill in Ottawa this month, bringing together industry leaders, government officials, and policymakers to advance priorities critical to Canada's recreational boating sector. Posted on 26 Jun NMMA members meet with Rep. Mike Collins
A group of NMMA leaders visited Capitol Hill last week As part of NMMA's continued advocacy efforts following the 2025 American Boating Congress (ABC), a group of NMMA leaders visited Capitol Hill last week to meet with Congressman Mike Collins (GA-10). Posted on 19 Jun Soft demand continues with bright spots
Key findings from the March 2025 NMMA Monthly Recreational Boating Industry Data report The latest data from NMMA's Monthly Recreational Boating Industry Data Summary report, covering the rolling period from April 2024 through March 2025, offers a tempered view of the recreational boating market Posted on 6 Jun U.S. announces tariff increase on steel & aluminum
Section 232 tariffs on imported steel and aluminum will double from 25% to 50% On May 30, President Donald Trump announced that Section 232 tariffs on imported steel and aluminum will double from 25% to 50%, effective Wednesday, June 4. Posted on 3 Jun The economic impact of the recreational boating
2025 California Boating Congress was held in Sacramento, California, co-hosted by NMMA Last week, the 2025 California Boating Congress was held in Sacramento, Calif. Co-hosted by NMMA, the two-day advocacy event started Tuesday with the California boating community hearing from the California Business Roundtable Posted on 3 Jun U.S. Court blocks broad use of IEEPA Tariffs
Finding that the president exceeded his authority under the statute On May 28, the U.S. Court of International Trade issued a ruling that blocks most of President Trump's recent tariffs imposed under the IEEPA, finding that the president exceeded his authority under the statute. Posted on 29 May Consumer confidence rebounds in May
Mixed economic picture for recreational boating continues Yesterday, the Conference Board reported their Consumer Confidence Index® for May 2025, showing a rise by 12.3 points to 98.0, marking the largest monthly gain in four years and ending a five-month decline. Posted on 28 May IBEX 2025 Set for Oct. 7-9 in Tampa
Taking place at the Tampa Convention Center The International BoatBuilders' Exhibition and Conference (IBEX) – North America's premier technical trade event for the recreational marine industry – announced this year's theme 'Fast Forward'. Posted on 27 May
Allen Dynamic 40 FooterRS Sailing 2021 - FOOTERMaritimo M600
This site and its contents are Copyright © 2025 Sail-World Marine Business North America and/or the original author, photographer etc. All Rights Reserved. Photographs are copyright by law. If you wish to use or buy a photograph contact the photographer directly.
If you have any questions about advertising or editorial then please contact our team. If you encounter any technical issues then please email techsupport@sail-world.com
Terms & Conditions | Privacy Policy