Boat sales growth slows in September
November 21, 2016
The recreational marine industry followed double-digit August sales gains with a slow-growth September.
The recreational marine industry followed double-digit August sales gains with a slow-growth September.
U.S. powerboat sales are expected to be flat to up as much as 2 percent in September.
The recreational marine industry’s 2016’s story remains a page turner, and it’s getting better.
Marine lenders say August powerboat sales offset weak July sales with strong dollar growth and unit growth.
Recreational boating weathered a rough July as sales fell across most major industry categories.
Boat sales growth slowed sharply in the second quarter as strong June numbers were diluted by weak results in April and May.
Though small performance sailboats have seen somewhat strong demand, the desire for large sailing yachts has waned.
When summer arrives, you need a summer fun boat.
Powerboat sales were likely “flattish” year over year in July, a Wells Fargo marine industry analyst says.
Sales of fiberglass outboard boats, and aluminum fishing and pontoon boats, rose in a range of 4.6 to 7.2 percent.
The recreational marine industry followed double-digit August sales gains with a slow-growth September.
U.S. powerboat sales are expected to be flat to up as much as 2 percent in September.
The recreational marine industry’s 2016’s story remains a page turner, and it’s getting better.
Marine lenders say August powerboat sales offset weak July sales with strong dollar growth and unit growth.
Recreational boating weathered a rough July as sales fell across most major industry categories.
Boat sales growth slowed sharply in the second quarter as strong June numbers were diluted by weak results in April and May.
Though small performance sailboats have seen somewhat strong demand, the desire for large sailing yachts has waned.
When summer arrives, you need a summer fun boat.
Powerboat sales were likely “flattish” year over year in July, a Wells Fargo marine industry analyst says.
Sales of fiberglass outboard boats, and aluminum fishing and pontoon boats, rose in a range of 4.6 to 7.2 percent.
