Preliminary figures show that more than 263,000 new boats were sold in 32 early-reporting states in 2017 as the recreational boating industry put even more distance between itself and the Great Recession.
Helped by strong sales in California, Louisiana and Georgia, sales of new recreational boats rose 6 percent industrywide in November.
Hurricane Irma limited sales of new recreational boats in Florida in September and that was a key factor as the industry’s third-quarter results were flat, compared with the same period in 2016.
Seven of the top 10 states for recreational boat sales recorded more in October than they did in the same month last year as the industry rebounded from a hurricane-influenced September decline.
During most months Florida leads all states in new-boat sales, but Hurricane Irma made September an exception.
Sales of new recreational boats slipped slightly in July, marking the second month in a row of modestly rising or falling sales after a strong industry showing in May.
Led by aluminum pontoon and outboard fiberglass boats, ski and wake boats and jetboats, sales of new recreational boats had their best percentage gains in three months in August.
Led by aluminum pontoon boats, outboard fiberglass boats and personal watercraft, new-boat sales showed healthy second-quarter growth.
The boating industry has seen good momentum in 2017, although some say spotty weather this summer and chaos in Washington caused a bit of a slowdown in the smaller and larger boat segments and that some buyers might be getting cautious, anticipating the next economic slowdown.
New fiberglass boats showed increased sales across all length groups, with the 35- to 49-foot leading the growth with a 10.5-percent increase.
Preliminary figures show that more than 263,000 new boats were sold in 32 early-reporting states in 2017 as the recreational boating industry put even more distance between itself and the Great Recession.
Helped by strong sales in California, Louisiana and Georgia, sales of new recreational boats rose 6 percent industrywide in November.
Hurricane Irma limited sales of new recreational boats in Florida in September and that was a key factor as the industry’s third-quarter results were flat, compared with the same period in 2016.
Seven of the top 10 states for recreational boat sales recorded more in October than they did in the same month last year as the industry rebounded from a hurricane-influenced September decline.
During most months Florida leads all states in new-boat sales, but Hurricane Irma made September an exception.
Sales of new recreational boats slipped slightly in July, marking the second month in a row of modestly rising or falling sales after a strong industry showing in May.
Led by aluminum pontoon and outboard fiberglass boats, ski and wake boats and jetboats, sales of new recreational boats had their best percentage gains in three months in August.
Led by aluminum pontoon boats, outboard fiberglass boats and personal watercraft, new-boat sales showed healthy second-quarter growth.
The boating industry has seen good momentum in 2017, although some say spotty weather this summer and chaos in Washington caused a bit of a slowdown in the smaller and larger boat segments and that some buyers might be getting cautious, anticipating the next economic slowdown.
New fiberglass boats showed increased sales across all length groups, with the 35- to 49-foot leading the growth with a 10.5-percent increase.
