Demand slows as market watches economic indicators

Recreational Boating Economic Indicators © National Marine Manufacturers Association

As the U.S. recreational boating industry moved into the first quarter of 2025, new data from NMMA's Monthly Recreational Boating Industry Data Summary report paints a complex picture—defined by ongoing retail softness, cautious optimism, and a watchful eye on economic indicators that continue to shape consumer behavior.

In the 12-month period ending February 2025, total new powerboat retail unit sales declined 7.4% year-over-year to 233,737 units. Wholesale shipments saw a steeper drop, down 13.0%, reflecting continued inventory recalibration by manufacturers and dealers alike.

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